KleenAir Systems narrows losses
Renewable energy investment firm KleenAir Systems saw revenues fall in the last year but cut its losses as it got a handle on overheads.
Renewable energy investment firm KleenAir Systems saw revenues fall in the last year but cut its losses as it got a handle on overheads.
Revenue for the year to the end of June fell to £26,446, from £35,047 in 2011.
Pre-tax losses were £134,949, pared back from £163,353 the previous year.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
That equated to losses per share of 0.221p, an improvement on the 0.357p loss before.
"Since KleenAir's interim results, the board has been primarily focused on ensuring the business reduced its overheads and continued to implement its investing policy in order to generate returns to shareholders," it said.
MM
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
UK-US trade deal announced: US cuts tariffs on UK car imports to 10%
Keir Starmer and Donald Trump have announced a UK-US trade deal, but the US president has refused to lift baseline tariffs on most UK goods. What does it mean for the UK?
-
How to use mid-caps to diversify from the US
Medium sized companies are overlooked by investors but could offer an attractive ‘sweet spot’. We consider the case for mid-caps amid market volatility.