6th Jun 2023 11:52
APQ Global Ltd - Guernsey-incorporated emerging markets investor - Book value as at December 31 is USD7.2 million, down by more than two thirds from USD23.6 million at the start of 2022. Suffers a drawdown across the year. The decrease in book value is due to a decline in the value of liquid markets portfolio and currency effects in the valuation of the direct investment portfolio, APQ Global says. Pretax loss widens to USD16.3 million in 2022 from USD7.6 million in 2021, as book value per share drops to 9.21 cents from 30.07 cents. Revenue, however, edges up to USD7.2 million from USD6.9 million, and administrative expenses are cut to USD303,405 from USD4.2 million. Read More
