Reconstruction Capital II Ltd - closed-end investment fund - As at June 30, net asset value is 15.62 euro cents per share, up from 14.28 cents the same date a year before, but down from 15.86 cents at the end of December.
Noted strong performance from paint and varnish company Policolor Group, with sales at EUR41.2 million for the first half of 2021, through stronger results from the resins and chemicals divisions.
In addition, Romania-based Mamaia Resort Hotels posts a narrowed loss and first semester revenue above budget, due to a contract signed with an international organisation.
Loss for the six months, widens to EUR329,698 from EUR297,790 a year prior, as net investment income lowered to EUR12,040 from EUR17,898.
Current stock price: EUR0.09
Year-to-date change: unchanged
By Dayo Laniyan; dayolaniyan@alliancenews.com
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