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Coro Energy PLC Ord 0.1P (CORO)

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19-Apr-2021 09:29 AM

Coro Energy narrows losses on cost cuts

South East Asian energy company Coro Energy reported narrower losses as cost cuts offset the impact of a fall in revenue following a fall in gas prices. For the year ended 31 December 2020, pre-tax losses narrowed to $9.2 million from $16.6 million, whil
20-Apr-2020 01:56 PM

Coro Energy losses deepen; expects Covid-19 crisis to delay Italy asset sale

Southeast Asia focused oil company Coro Energy reported a deeper annual loss, as it bought into the Duyung prospect offshore Indonesia and supported two appraisal wells. Pre-tax losses for the year through December amounted to $7.9m, compared to losses o
20-Apr-2020 09:49 AM

Coro Energy losses widen on higher costs

Upstream oil and gas company Coro Energy reported wider losses on higher costs. For the year ended 31 December 2019, pre-tax losses widened to $16.6m from $13.4m on-year, driven by corporate costs including ongoing business development activities in Sou
22-Nov-2019 07:58 AM

Coro Energy sees mixed drilling results offshore Indonesia

South-East Asia focused oil and gas firm Coro Energy has reported mixed results from its Tambak-1 well in the Duyung production sharing contract (PSC) offshore Indonesia. The well was designed to appraise the Mako gas field and to test the underlying Tam
01-Oct-2018 04:47 PM

Coro Energy will be attending and presenting at the Shares and AJ Bell evening event in London on Oc

Coro Energy (CORO) Is an oil and gas exploration company focused on delivering long-term production of natural gas. Coro Energy's aim is to become a mid-tier, south east Asian focused exploration and production company. Completed merger of SEHIL and
02-May-2018 10:04 AM

Coro Energy confirms appointment of James Menzies as CEO

Pan Euro-Asian gas explorer Coro Energy said Wednesday James Menzies was appointment as Chief Executive Officer effective from 1 May 2018. Ms Sara Edmonson stepped down to Deputy-CEO, the firm said. 'James's prior engagements in South East As
15-Jun-2011 07:47 AM

Corero launches DDoS defence system

Network security and business software provider Corero has launched its DDoS defence system (DDS). This is a new product line created to detect and block network-layer and application-layer 'distributed denial of service' (DDoS) cyber-attacks.
14-Jun-2011 09:52 AM

Corero seeks approval for name change

Corero is seeking shareholder approval to change the company name to Corero Network Security. This follows the acquisition of Top Layer Networks in March. Shareholders will be asked to approve the change at a general meeting at the company's office
08-Jun-2011 12:09 PM

Board changes at Corero

Corero, the AIM listed network security and business software provider, has made changes to its Board of Directors in line with the company's stated strategy of managing and operating Corero as two separate divisions. These are Corero Security Syste
01-Apr-2011 09:37 AM

Corero appoints general manager and CFO of US division

Corero has appointed Marty Meyer as general manager and CFO of its US-based security division, Top Layer. Corero acquired Top Layer in February, marking the first step in its strategy of building security systems business focused on the network security
18-Mar-2011 07:44 AM

Corero posts profit

Education market security specialist Corero recorded a trading profit of £223,000 in the year to end-December 2010 after a £6.5m equity raising in August. Total comprehensive income was £404,000(2009: loss £176,000). The company said it saw a strong
03-Mar-2011 02:00 PM

Loudwater completes sale of Top Layer Network

Loudwater Trust has completed the sale of Top Layer Networks to Corero. Loudwater now owns 4,399,891 Corero shares, representing 9.25% of Corero, which are subject to a 12 month lock-in. Loudwater also received Corero loan notes with a value of $2.7m a
07-Feb-2011 09:59 AM

Corero agrees deal for Top Layer Networks

Corero has entered into a conditional agreement to acquire Top Layer Networks - a Massachusetts-based developer of network security infrastructure solutions - for up to $15.3m in shares, loan notes and cash. Corero also said it had conditionally raise
26-Jan-2011 01:16 PM

Corero expects trading profit to top £200,000

Corero expects trading profit for the year to the end of December to be in excess of £200,000. The firm said its cash balances were £7.2m. The group said it was transformed financially and operationally in August by a £6.5m equity fund raising, the sale
20-Sep-2010 08:30 AM

Corero back in the black with pre-tax profit of £21,000

Corero unveils its best first half since 2006 with pre-tax profits for the six months to the end of June of £21,000 compared to a loss of £445,000 last time. The firm reveals a 6% revenue growth in its business systems division - underpinned by 17 new A
06-Aug-2010 09:24 AM

Corero CULS offer has 98.81% take-up

Corero's offer to redeem £2m of its convertible unsecured loan stock had a take-up of 98.81%. The offer was for half of its total current issued CULS. Story provided by
11-May-2010 07:55 AM

Corero clinches Blue Curve deal with Standard Bank

Software firm Corero has signed a deal for its Blue Curve product suite with South Africa's Standard Bank Group. Standard Bank will implement Blue Curve within the corporate and investment banking division to help provide enhanced research services
21-Apr-2010 08:05 AM

African Alliance chooses Corero's Blue Curve

Financial research software solutions provider Corero has signed a deal for its Blue Curve product suite with investment banking group African Alliance. Blue Curve modules will be used to enhance the management of African Alliance's research content
26-Mar-2010 11:16 AM

Corero reports reduced losses

Banking software house, Corero has reported a reduced pre tax loss of £0.18m (2008 loss £0.658m)for the year to 31 December 2009. Turnover was 6% lower at £4.92m mainly as a result of a decrease of £0.5m form the Business systems Division. The Group sa
19-Mar-2010 07:59 AM

Corero clinches Blue Curve deal with ABG Sundal Collier

Financial research software solutions provider Corero has clinched a three-year deal for its Blue Curve product suite with ABG Sundal Collier. ABG Sundal Collier will integrate several Blue Curve modules with its existing research database to improve its
26-Jan-2010 09:08 AM

Corero FY in line with forecasts

Corero's results for the financial year to the end of December were in line with expectations and showed a improvement over those for 2008. The specialist provider of software solutions to the banking and securities and education markets said that w
16-Oct-2009 10:46 AM

Corero 2009 profits to exceed expectations

Banking software provider, Corero, has signed a major contract extension with a large global investment bank for its Radica CAPS software. The contract will provide Corero with significant revenue in the year ending 31 December 2009, the result of which...

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