(Alliance News) - The board of directors of Conafi Spa approved the half-year report as of June 30, closing the period with a negative EUR1.9 million in EBITDA, from negative EUR1.0 million as of June 30, 2022.

Revenues amounted to EUR1.6 million, from EUR2.0 million as of June 30, while the result of financial assets measured at fair value was positive EUR700.00 vs.

to a negative impact of EUR3.8 million in the first half of 2022.

Income from continuing operations before tax is negative EUR1.2 million from a negative EUR5.1 million as of June 30, 2022.

Consolidated net financial position assets stood at EUR9.4 million compared to EUR10.4 million as of December 31, 2022 showed a significant decrease caused mainly by the financial impact of operating activities.

Consolidated shareholders' equity is EUR14.3 million, compared to EUR15.1 million as of December 31, 2022, decreased by EUR800,000, "mainly due to the result of the

consolidated comprehensive profitability for the year," the released note said.

Conafi closed Thursday's session flat at EUR0.29 per share

By Maurizio Carta, Alliance News reporter

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