Investor News

Half Year Report to 31 December 2015

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 ~$1.1 million and satisfaction of the primary Fast Finance debt facility of ~$1.5M via conversion to equity see the Company enter the second half of the financial year in a strong position, supporting our pursuit of development objectives in India and Australia.”

For further information, contact:

Ashley Moore – Managing Director       [email protected]