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IN BRIEF: Alpha Growth interim loss slims; hails "excellent progress"

Mon, 31st May 2021 08:31

Alpha Growth PLC - London-based financial advisory specialising in 'longevity assets' such as life insurance - On Friday says pretax loss in six months ended February 28 widens to GBP223,917 from GBP306,481 a year earlier. Generates GBP90.264 in revenue, against none a year earlier. "We are continuing to deal with the Covid-19 pandemic but despite the headwinds caused by the pandemic, the company continues to make excellent progress towards its goals," Alpha Growth says.

Current stock price: 6.47 pence, closed down 6.2% on Friday in London

Year-to-date change: up more than double from 2.58p

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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