Sirnaomics H1 Loss Widens; Shares Jump 11%

MT Newswires Live09-30

Sirnaomics (HKG:2257) reported a loss attributable to the owners of $41.1 million for the six months ended June 30, compared with a loss of $38 million a year earlier, according to its interim report filed with the Hong Kong bourse on Monday.

Loss per share was $0.54, compared with $0.50 a year ago.

The company did not generate any revenue for the year's first half but recorded other income of $984,000, lower compared with other income of $1.1 million in the year-ago period.

The biotechnology company's shares increased by about 11% in recent trading.

Price (HKD): $3.75, Change: $+0.33, Percent Change: +9.65%

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