Haydale reports its unaudited interim H1 FY2022 results

UK-based graphene developer Haydale announced its unaudited interim H1 FY2022 results (the six months that ended on 31 December 2021). The company's revenues were £1.19 million (down from £1.28 million in H1 FY2021) and a loss of £1.75 million (up from £1.08 million last year).

Haydale says that it progressing on many of its functionalisation based nano projects, and its planned delivery of the new HT1400 reactor will git it additional capacity and allow for cost-effective material processing on a large scale. Haydale is also pleased to see the early signs of recovery in the aerospace market and wider cutting tools market.

Posted: Feb 23,2022 by Ron Mertens