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IN BRIEF: Challenger Acquisitions Swings To Interim Loss

6th Aug 2020 17:53

Challenger Acquisitions Ltd - investment company - Reports pretax loss of GBP133,000 for first half of 2020, swinging from profit of GBP1.1 million a year ago. Firm was boosted by GBP1.3 million in profit from sale of financial asset in year-ago period, a benefit which did not repeat in recently-ended half. "Looking forward we expect positive results from the ongoing process to seek out, evaluate and review a potential project that can utilise the public company platform in a manner that makes sense from a financial and regulatory perspective," company says.

Current stock price: 0.15p

Year-to-date change: down 12%

By Lucy Heming; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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