Versarien (GB:VRS) has released an update.
Versarien Plc reports a decrease in losses and a shift towards a more technology-focused, manufacturing-light business model in their interim results for the six months ending March 2024. The company has seen an increase in graphene revenues and grant income, while overall group revenues have slightly decreased. Strategic partnerships and operational streamlining are cited as key factors in improving the company’s financial health.
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