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IN BRIEF: Dukemount Capital In Widened Interim Loss Amid Tough 2020

Fri, 29th Jan 2021 19:53

Dukemount Capital PLC - property developer - Revenue in six months ended October 31 improves 36% annually to GBP1.3 million from GBP987,470. Pretax loss widens to GBP156,947 from GBP82,469. Administrative expenses rise 42% to GBP221,621 from GBP156,158. "The unprecedented Covid-19 pandemic which has plagued the world for a year, has disrupted our business model's timescales but also given us the opportunity to investigate other sources of long-term income within wider sectors. Whilst 2020 has been challenging we have managed to progress both projects in Liverpool despite the nationwide lockdown and severe problems with the supply of building materials," Chair Geoffrey Dart says.

Current stock price: 0.75 pence

Year-to-date change: up 10%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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