IN BRIEF: Agronomics half-year net asset value rises; profit jumps
8th Feb 2023 14:03
Agronomics Ltd - Isle of Man-based cellular agriculture investment firm - Net income in the six months that ended on December 31 amounts to GBP19.4 million, up significantly from GBP3.5 million a year earlier. Pretax profit multiplies to GBP18.6 million from GBP2.5 million. Net asset value per share at December 31 is 16.38 pence, up 10% from 14.85p at June 30. Total net assets amount to GBP162.5 million at December 31, up from GBP143.9 million at June 30. The increase is mainly due to unrealised gains on investments of GBP19.4 million booked in six-month period, the company says. Read More