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21 Aug 2018 | 09:38

Argos resources profits more than halve in H1

Argos resources reported Tuesday profit more than halved in the first half of the year.

For the six months to 30 June, pretax profits fell to 31k from 81k a year earlier, giving an undiluted profit per share of 0.02 cents.

First-half administrative expenses rose to $0.16m from $0.14m a year earlier.

Net assets were $29.5m, an increase of $37k since December 2017.

At 9:38am: (LON:ARG) Argos Resources Ltd share price was 0p at 6.25p

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