IN BRIEF: APQ Global blames book value decline on currency revaluation

Fri, 27th Jan 2023 11:38

APQ Global Ltd - Guernsey-incorporated emerging markets company, with a focus on Asia, Latin America, Europe, the Middle East and Africa - At close on December 30, unaudited book value per ordinary share was GBP7.29. This compares to GBP22.20 per share a year prior.

Says the change in book value reflects the effect of a year-end currency revaluation of the private investments and a decline in the value of its equity portfolio.

Current stock price: 7.00 pence in London on Friday

12 month change: down 99%

By Holly Beveridge; Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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