(Alliance News) - The board of directors of MIT SIM Spa on Thursday approved the half-yearly report as of June 30, reporting a net loss of EUR79,000, an improvement from a loss of EUR276,000 in the same period last year.

Net income increased to EUR1.5 million from EUR1.2 million in the first half of 2022.

Net financial position was negative EUR2.3 million compared to negative EUR2.4 million as of Dec. 31, 2022.

MIT SIM's stock closed Thursday at a par at EUR3.88 per share.

By Chiara Bruschi, Alliance News reporter

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