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Northwest Investment Group Yet To Invest, Loss Slightly Wider

Thu, 25th Jun 2015 10:20

LONDON (Alliance News) - Northwest Investment Group Ltd Thursday said it is yet to make an acquisition or investment.

The company listed on AIM on June 9, 2010, when it raised GBP3 million from investors.

"Since then we have been engaging ourselves in identifying high-value investment targets in the hydropower market in Western China in accordance with the investing policy of the company," Chairman Kaifeng Li said in a statement.

It made a loss before and after tax of GBP307,000 in 2014, compared with GBP302,000 in 2013.

Northwest Investment Group shares last traded at 0.83 pence on May 6.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.

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