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Haydale income in H2 2015 rose 63%, net loss was £1.9 million
Tuesday, March 22, 2016 7:09
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Haydale announced financial results for the second half of 2015. Total income rose to £800,000 (up 63% from the second half of 2014) and the net loss after tax was £1.9 million (up from £1.5 million in H2 2014).
Haydale also reports significant (£500,000) R&D investment particularly in respect of graphene enhanced resins for the composite markets. At the end of December 2015, cash at hand was £5.0 million (up from £2.0 million at the end of June 2014 following Haydale’s recent fund raising).
Source: http://www.graphene-info.com/haydale-income-h2-2015-rose-63-net-loss-was-%C2%A319-million
