3rd Oct 2023 19:33
JPEL Private Equity Ltd - Guernsey-based investment company - Reports income in the year to June 30 of USD1.7 million, up from USD240,000 the year prior. Pretax loss narrows to USD3.0 million from USD10.9 million while loss per share totalled USD0.12 compared to USD0.25. Says current portfolio is mature with a weighted average age of 11.83 years at June 30. Anticipates that the majority of the JPEL portfolio will continue to be wound down within the next three years. However, continues to look at all options that they believe will maximise shareholder value for the assets individually and the company as a whole. Read More
