30th Apr 2018 16:06
LONDON (Alliance News) - Challenger Acquisitions Ltd, a developer of giant observation wheels, on Monday said lower costs led to a narrowed pretax loss for 2017.
For 2017, the company made a pretax loss of GBP999,000 compared with a loss of GBP1.9 million in the year ago period. No revenue was generated in either financial period.
Administrative costs dropped to GBP472,000 from GBP984,000. Finance costs declined to GBP527,000 from GBP944,000.
Shares in the company were trading 1.2% higher at 0.29 pence in afternoon trade.
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