IN BRIEF: Kropz reports £30.2 million revenue; annual loss narrows

Writer,

Kropz PLC - South Africa-focused phosphate producer and developer - Says pretax loss narrows to $13.5 million in 2023 from $97.8 million the year before. In 2022, the firm had paid impairment losses of $92.7 million, compared to none in 2023. Meanwhile, reports revenue of $30.2 million in 2023, after having generated no revenue the year before.

Current stock price: 1.48 pence, up 18%

12-month change: down 42%

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