Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBiopharma Cred. Share News (BPCR)

Share Price Information for Biopharma Cred. (BPCR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.844
Bid: 0.834
Ask: 0.844
Change: 0.004 (0.48%)
Spread: 0.01 (1.199%)
Open: 0.83
High: 0.844
Low: 0.83
Prev. Close: 0.84
BPCR Live PriceLast checked at -
BioPharma Credit is an Investment Trust

To generate long-term shareholder returns, predominantly in the form of sustainable income distributions from exposure to the life sciences industry.

Find out More

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS UPDATES: Pendragon yearly profit falls as costs rise

Wed, 22nd Mar 2023 14:36

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

--------

Pendragon PLC - Nottingham, England-based automotive retailer - Says revenue for 2022 grows to GBP3.62 billion from GBP3.45 billion in 2021. Pretax profit, however, falls by 26% to GBP45.5 million from GBP61.5 million, while underlying pretax profit declines by 31% to GBP57.6 million from GBP83.0 million. Underlying net finance costs increase by 23% to GBP40.9 million from GBP33.3 million a year earlier. Declares no dividend for 2022, same as 2021. Looking ahead, says it is pleased with the first two months of 2023, with underlying operating profit to February ahead of 2022 as volumes in both new and used cars have shown good year-on-year growth. Adds that it is confident in the prospects for the group in the year ahead.

--------

GCM Resources PLC - Phulbari coal and power project in north-west Bangladesh - Pretax loss narrows to GBP693,000 for the six months ended on December 31 from GBP763,000 a year before. Says the most significant expenditure during the period is pre-development expenditure. Administrative expenses ibcrease to GBP368,000 from GBP352,000. Looking ahead, warns that Bangladesh's economy will be disadvantaged by ongoing supply constraints and high prices.

---------

BioPharma Credit PLC - Exeter-based life sciences debt investor - Reports total income of USD218.1 million for 2022, up from USD103.9 million in 2021. Net asset value per share amounts to USD1.0139 as at December 31, up from USD0.9926 on the same a date in 2021. Declares a dividend of 13.1 cents per share for 2022, up 87% from 7.0 cents a year prior. Looking ahead, expects its investment pipeline to grow as new products and companies enter the market in 2023 and beyond.

---------

Literacy Capital PLC - London-based investment trust focused on opportunities to invest for the long-term in growing private UK businesses - Says net asset value amounts to 420.6 pence per share at December 31, up from 320.0p as at March 31. Net assets amount to GBP252.4 million for the nine months period. Chief Executive Officer Ricahrd Pindar says: "We are pleased with the performance of Book's portfolio in this nine-month period, with the continued strong trading across its portfolio companies, contributing to a NAV uplift of 31.4%." Says portfolio enters 2023 demonstrating strong tailwinds and momentum.

--------

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
9 Nov 2020 15:33

IN BRIEF: BioPharma Credit To Invest Further USD75 Million In Epizyme

IN BRIEF: BioPharma Credit To Invest Further USD75 Million In Epizyme

Read more
1 Oct 2020 16:55

UK DIRECTOR DEALINGS SUMMARY: Amigo CEO Buys 500,000 Shares

UK DIRECTOR DEALINGS SUMMARY: Amigo CEO Buys 500,000 Shares

Read more
28 Sep 2020 17:28

IN BRIEF: BioPharma Credit Amends Loan With Sarepta Therapeutics

IN BRIEF: BioPharma Credit Amends Loan With Sarepta Therapeutics

Read more
16 Sep 2020 17:51

IN BRIEF: BioPharma Credit Net Asset Value Dips; Portfolio "Resilient"

IN BRIEF: BioPharma Credit Net Asset Value Dips; Portfolio "Resilient"

Read more
16 Sep 2020 16:08

UK EXECUTIVE CHANGE SUMMARY: Cora Hires Ex-Centamin Exploration Exec

UK EXECUTIVE CHANGE SUMMARY: Cora Hires Ex-Centamin Exploration Exec

Read more
9 Sep 2020 19:21

IN BRIEF: BioPharma Credit Secures USD124.5 Million Lexicon Repayment

IN BRIEF: BioPharma Credit Secures USD124.5 Million Lexicon Repayment

Read more
9 Sep 2020 16:00

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
7 Aug 2020 11:02

IN BRIEF: Biopharma Credit's Portfolio Value To Increase On New Loans

IN BRIEF: Biopharma Credit's Portfolio Value To Increase On New Loans

Read more
21 Jul 2020 19:02

IN BRIEF: BioPharma Credit To Ink USD156.2 Million From Amicus

IN BRIEF: BioPharma Credit To Ink USD156.2 Million From Amicus

Read more
18 Jun 2020 16:06

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
26 May 2020 18:05

BioPharma Credit Agrees USD200 Million Credit Facility With JPMorgan

BioPharma Credit Agrees USD200 Million Credit Facility With JPMorgan

Read more
10 Mar 2020 11:46

BioPharma Credit Meets Dividend Target In 2019 As Net Assets Rise

BioPharma Credit Meets Dividend Target In 2019 As Net Assets Rise

Read more
20 Feb 2020 18:17

BioPharma Credit Declares Interim Dividend Of USD0.0303 Per Share

BioPharma Credit Declares Interim Dividend Of USD0.0303 Per Share

Read more
7 Feb 2020 11:01

BioPharma Credit To Provide USD200 Million Loan To Collegium Pharma

BioPharma Credit To Provide USD200 Million Loan To Collegium Pharma

Read more
7 Feb 2020 09:53

BioPharma Credit puts $165m into pharma firm Collegium via loan

(Sharecast News) - Specialist life sciences investor BioPharma Credit has entered into a definitive senior secured term loan agreement with Collegium Pharmaceutical, alongside the BioPharma-V fund, it announced on Friday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.