1st Apr 2026 16:42
(Alliance News) - Camellia PLC on Wednesday said it has sold artwork for GBP3.7 million, realising a profit of GBP3.6 million, to support its value enhancement plan.
The holding company for agriculture businesses said this plan aims to increase investment into higher-return operating assets to generate long-term growth.
Kent, England-based Camellia also noted the announcement of Indian subsidiary Goodricke Group Ltd on Wednesday.
Camellia owns 74% of Goodricke, which terminated a memorandum of understanding announced in February regarding the proposed sale of its Barnesbeg Tea Estate.
Shares in Camellia closed down 1.1% at 4,834.24 pence in London on Wednesday.
By Abena Oppon, Alliance News reporter
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