The construction solutions provider reported a tenfold increase in revenue, but operating losses more than doubled. Cash reserves plummeted and debt increased, raising concerns about financial stability.
The building materials company has raised £670,000 through a discounted placing, signaling low investor confidence and potential funding risks ahead.
The construction company has reached key milestones in establishing a new modular housing production facility in Senegal, including securing an investment and appointing an EPC contractor.
The building materials company has been awarded the ISO 14001:2015 certification for its environmental management system, highlighting its commitment to sustainability.
The modular construction company has set up a new subsidiary in Senegal with a local partner, aiming to capitalize on the market opportunities for affordable housing in the region.
The modular construction company has produced 16,200 sqm of modular walls, a significant operational milestone, as it aims to meet rising market demand.
The building materials company has announced the resignation of a non-executive director due to increased overseas commitments.
The building materials company has posted a notice for an upcoming General Meeting, where shareholders will consider resolutions related to the allotment of new shares.
The building materials company has completed its first showcase house in Chile, a key step in securing a potential large contract for modular housing under the country's social housing programme.
The modular housing company has obtained CE marking certification, allowing it to sell products across the European Community. This is expected to drive growth as the business leverages its manufacturing capabilities in new markets.