(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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Ferro-Alloy Resources Ltd - Balasausqandiq vanadium deposit in southern Kazakhstan - Says the fourth quarter results are weaker than expected due to concentrate delivery delays. As a result, it expects results for this quarter and the first half of January to be lower than anticipated. Consequently, 2022 revenue is expected at USD6.8 million with a net loss to be in the region of USD3.3 million, lower than market guidance. In 2021, revenue was USD4.7 million. "To help avoid repetition of the shortfall, the company has signed a new regular concentrate delivery contract with an additional supplier," it says. Looking ahead, expects results for 2023 to be significantly better than 2022.

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Trinity Exploration & Production PLC - Trinidad & Tobago-focused oil production company - Fourth quarter sales volumes average 2,961 barrels of oil per day, down slightly from 2,990 bopd quarter-on-quarter. 2022 sales volumes total 2,975 bopd, down from 3,006 bopd a year ago. Says it has delivered production for the year within guidance and remains on-track to progress our growth agenda in 2023.

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Beximco Pharmaceuticals Ltd - Dhaka-based generic pharmaceutical products and active pharmaceutical ingredients maker - Says net sales are up by 16% for the six months ended on December 31 to BDT19.68 billion, or GBP164.4 million, up from BDT16.97 billion or GBP146.7 million a year ago. Pretax profit, however, falls to BDT3.54 billion from BDT4.09 billion, as operating expenses grow to BDT4.78 billion from BDT4.24 billion a year ago. Says it remains focused to deliver progress in the second half of the year.

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Impellam Group PLC - Luton, England-based talent acquisition and workforce management company - Expects to report annual gross profit of GBP315 million in 2022, up 24% in like-for-like growth compared to 2021. Revenue was GBP2.26 billion in 2021, and pretax profit amounted to GBP15.4 million. Expects to report financial performance for 2022 ahead of its original expectations. Additionally, sells its Regional Specialist Staffing businesses and Healthcare Staffing business for GBP85 million in cash. Expects the transaction with Twenty20 Capital, specialist investment fund focussed in the human capital services sector, to be complete in early March.

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By Xindi Wei, Alliance News reporter

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