A financial report was recently released by Jervois Global (ASX:JRV), revealing a half-year total loss after tax.
This loss was an unprecedented $93.945 million, in stark contrast to the company’s prior profit of $2.854 million.
The report also detailed the Finland segment of the business, which generated a revenue of $114.259 million.
Unfortunately, this marked a significant 42% decrease in the Finland branch’s revenue.
Jervois Global is an international company involved in diversified investments around the globe.