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November 30, 2009
Imuniti announces unhealthy R6.1m loss
Imuniti's turnaround strategy is yet to yield positive results. The struggling AltX-listed pharmaceutical and wellness firm suffered another loss in the half-year to August.
On Friday, the company said its net loss in the period under review went up to R6.1 million, up from R2.8m in the previous corresponding period. Revenue fell 12 percent to R27.6m. Imuniti has not been profitable since it listed three years ago.
Posted by StaffWriter at November 30, 2009 10:07 AM