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IN BRIEF: Interim losses at Forbes Ventures maintained at steady level

Fri, 31st Dec 2021 10:35

Forbes Ventures PLC - investment company - Posts a pretax loss of USD158,000 for the first half ended June 30, widened slightly from a USD136,000 loss a year before. Forbes generates revenue of USD29,000, its first interim revenue. Notes the company is working on completing its first transaction and is expecting to complete two transactions during 2022 and receive gross income of around GBP2 million.

Current stock price: untraded at 31.12 pence

Year-to-date change: up sharply from 0.85p in December

By Will Paige; willpaige@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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