29th Apr 2016 08:49
LONDON (Alliance News) - daVictus PLC on Friday said it made a pretax loss in its first year since formation, as it plans to make its first acquisition by January 2017.
daVictus was set up in February 2015 in order to seek business opportunities in the food and beverage sector in Asia, and began trading on the London Main Market in January 2016.
In the period from formation to December 31, 2015, daVictus did not make any acquisitions and therefore made no revenue, but made a GBP221,220 pretax loss as the business prepares to commence operations.
daVictus said it has not yet formally identified any prospective targets, but has actively reviewed a number of potential opportunities and aims to make its first acquisition within 12 months of admission.
Shares in daVictus were untraded on Friday, last quoted at 11.20 pence.
By Karolina Kaminska; [email protected] @KarolinaAllNews
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
Davictus