Nanoco Group plc (NANO.L), a maker of semiconductor materials used in LCD displays, Tuesday reported annual loss which widened, hurt by higher payroll costs, commercialization expenses and a fall in revenues
For the twelve months to July, pre-tax loss totaled 9.06 million pounds, wider than loss of 5.04 million pounds a year earlier.
After-tax loss widened to 7.81 million pounds or 3.65 pence per share, from a loss of 4.12 million pounds or 2 pence per share a year earlier.
Annual revenues plunged to 1.43 million pounds from 3.93 million pounds a year earlier.
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