Akobo Minerals – Fourth quarter 2021 results
Akobo Minerals AB (publ) (EURONEXT: AKOBO) today reported its fourth quarter 2021 results. Akobo Minerals is still in a project development phase and consequently had no income in the fourth quarter. The net profit for the period was SEK 0.22 million due to significant positive foreign exchange effects. In total, the company had a net loss of SEK 9.8 million for the financial year 2021. The company has no external debt and a strong cash position of SEK 33 million. Jørgen Evjen, CEO of Akobo Minerals, said: "The fourth quarter of 2021 continued in the same way as previous quarters, with