We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mercantile Ports and Logistics Limited | AQSE:MPL.GB | Aquis Stock Exchange | Ordinary Share | GG00BKSH7R87 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.65 | 1.40 | 1.90 | 1.65 | 1.65 | 1.65 | 0.00 | 06:56:11 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2022 to May 2024
TIDMMPL
RNS Number : 5394K
Mercantile Ports & Logistics Ltd
22 December 2022
22 December 2022
Mercantile Ports & Logistics Limited
("MPL" or the "Company")
Trading Update
Mercantile Ports & Logistics Limited (AIM: MPL) which is operating and continuing to develop a port and logistics facility in Navi Mumbai, Maharashtra, India is pleased to announce that, following a strong final quarter of trading, the Company expects to meet revenue forecasts for FY 2022. This year, MPL's facility at Karanja has handled approximately 1.2m tonnes of various bulk commodities and the Company sees strong momentum going into the next financial year. The Company has all the requisite infrastructure and permissions in place to handle container movement and it expects to commence handling of containers in 2023, which will be an additional revenue stream for the Company.
Jay Mehta, CEO of MPL said "This is the first full year of uninterrupted cargo handling operations at our facility. Every month we continue to service new clients, both on a spot and contracted basis. Next year our pipeline looks healthy, which should enable us to build on our successes of 2022. Going into 2023, we are excited to be expecting to start handle new commodities including liquid bulk cargo such as base oils and bitumen".
Enquiries:
Hot Features
Premium
MPL C/O SEC Newgate
+44 (0) 20 3757 6880
Cenkos Securities plc Stephen Keys
(Nomad and Broker) +44 (0) 20 7397 8900
SEC Newgate Isabelle Smurfit / Elisabeth
(Financial PR) Cowell
+44 (0) 20 3757 6880
mpl@newgatecomms.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
TSTFLFVTFDLLFIF
(END) Dow Jones Newswires
December 22, 2022 02:00 ET (07:00 GMT)
1 Year Mercantile Ports and Log... Chart |
1 Month Mercantile Ports and Log... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
