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IN BRIEF: Marwyn Acquisition Co II interim loss narrows on lower costs

Fri, 08th Mar 2024 13:39

Marwyn Acquisition Co II Ltd - St Helier, Jersey-headquartered closed-ended investment company - Posts a pretax loss of GBP767,293 for the first half of the year ending June 30, narrowed from a GBP1.2 million pretax loss the year prior. Says its administrative expenses are 8.3% lower at GBP1.1 million from GBP1.2 million in the first six months of financial 2023. Looking ahead, says it is "excited" about the nature of potential acquisition opportunities.

Current stock price: last traded at 100 pence

12-month change: unchanged

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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