UK: ITM Power records £3.5m half-year loss

The AIM-listed hydrogen storage and fuel company ITM Power has announced its results for the six months ended 31 October 2011, including a £3.5m (US$4.56m) pre-tax loss. The firm was the beneficiary of grant funding of £269,000 recognised in the period (2010: £335,000). It won new grant project Subscribe to Automotive World to continue reading … Continued

• By Webmaster
• January 25, 2012