IN BRIEF: Primorus 2022 loss widens as assets see fall in value
Primorus Investments PLC - London-based investment firm focused on small and mid cap firms in financial services, technology and natural resources - Reports pretax loss for 2022 of GBP1.5 million, widening from GBP41,000 a year ago. Says net assets are GBP7.5 million, down 16% from GBP8.9 million a year ago. "The board believes the company to be significantly undervalued given its current share price and resultant market capitalisation," the firm says. Basic loss per share was GBP1.06, swinging from earnings per share of 0.08 pence.
Read more