Source - Alliance News

Agriterra Ltd - company focused on investment and sustainable development in southern Africa - Shares are restored to trading following suspension in early October from the delay of publishing its financial 2023 results. In the financial year that ended March 31, pretax loss narrows to £2.2 million from £2.4 million. Revenue rises to £11.5 million from £10.3 million. Says revenue improved due to improvement of grain sales volumes to 17,819 tonnes from 17,094 tonnes, with demand for maize meal higher than previous year. Rising demand lifts prices, Agriterra noted. Looking ahead, says start of financial 2024 difficult due to lack of adequate working capital which affected the current year maize buying season.

Current stock price: 1.10 pence, unchanged

12-month change: down 78%

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJBell logo

Related Charts

Agriterra LD (AGTA)

+0.14p (+16.71%)
delayed 17:30PM