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Chariot Ltd - Devon, England-based transitional energy firm focused on Africa - Narrows annual loss in 2021 on falling operating expenses. Annual pretax loss reduces to $7.0 million from $70.6 million in 2020. Operating expenses fall to $6.4 million from $71.1 million. Regarding its future, firm is focused on its strategic partnering in Morocco to ‘accelerate growth from a portfolio of high value, low risk upsides’. ‘Green hydrogen is predicted to play a vital role in the global energy transition,’ it says.
Current stock price: 18.50 pence, down 3.7% on Wednesday
12-month change: up from 5.34p
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