30th Sep 2015 12:55
LONDON (Alliance News) - Clear Leisure PLC Wednesday reported a wider pretax loss as its net asset value declined in the first half of 2015.
Clear Leisure, which invests in leisure and real estate companies, mainly in Italy, said that its pretax loss in the six months to June 30 widened to EUR15.6 million from EUR395,000 in the first half of 2014.
Its undiluted net asset value stood at EUR4.9 million, equivalent to 2.31 cents per share, down from EUR21.4 million, or 10.75 cents per share at December 31, 2014.
Shares in Clear Leisure were trading down 9.1% at 0.750 pence Wednesday afternoon.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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