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IN BRIEF: Pires Investments Swings To Interim Loss But Net Assets Rise

Fri, 31st Jul 2020 15:18

Pires Investments PLC - London-based investment firm - For the six months to the end of April, swings to pretax loss of GBP427,068 from profit of GBP659,048 in the same period a year before. Notes that holding in Eco Atlantic Oil & Gas Ltd, now mostly sold off, declined in value after significant profits in previous periods. As at April 30, Pires's net asset value was GBP3.1 million, up from GBP2.6 million as at October 31.

Current stock price: 3.84 pence

Year-to-date change: up 28%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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