Losses widen 700% at Ellies
The company says it lost revenue and wrote down assets due to Covid-19
29 September 2020 - 17:11
Electronics company Ellies told shareholders on Tuesday that its losses for the year ended April 30, have widened by more than 700%.
In a trading update, the company, which makes electrical cables and plugs, said it would report a loss per share of 28.97c for the period, 709% higher than the 3.58c loss seen in 2019. ..
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