Environmental Clean Technologies Limited (ASX: ESI) is pleased to provide the following half-year report to shareholders.
Key Points
- Continued strong cost management
- Strong post-report period financial position
Managing Director, Ashley Moore stated “The Interim Report highlights the continued strong attention to financial management with cash operating cost 17% lower than the previous corresponding period. The subsequent receipt of the R&D Tax Incentive rebate of ~$1.1M and satisfaction of the primary Fast Finance debt facility of ~$1.5M via conversion to equity sees the Company enter the second half of the financial year in a strong position, supporting our pursuit of development objectives in India and Australia.”
Download (PDF): Half Year Report
For further information, contact:
Ashley Moore – Managing Director [email protected]