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PowerHouse Energy posted a first-half loss, as it continued to develop its technology to develop hydrogen from waste plastics.
Pre-tax losses for the six months through June amounted to £0.87m, compared to losses of £1.16m on-year.
The company said that spending on research and development had now been significantly reduced and other costs brought under tighter control.
At 8:01am: (LON:PHE) PowerHouse Energy share price was -0.01p at 0.39p