Merrion H1 profits down despite revenue increase

ISEQ-quoted Merrion Pharmaceuticals today reported a net loss of €2.3m for the six months to end June, compared to a loss of €2.1m for H1 2008.

Merrion H1 profits down despite revenue increase
Fri, 04 Sep, 2009 - 12:57

ISEQ-quoted Merrion Pharmaceuticals today reported a net loss of €2.3m for the six months to end June, compared to a loss of €2.1m for H1 2008.

The decrease came despite a 378% increase in revenues to €1.7m from €354,000 in the same period of the previous year.

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