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IN BRIEF: Primorus Investments swings to loss; notes pleasing progress

10th Jun 2022 15:25

Primorus Investments PLC - London-based investment firm focused on small and mid cap firms in financial services, technology and natural resources - Swings to a pretax loss of GBP41,000 in 2021 from a profit of GBP4.6 million. Net assets at December 31 rise to GBP8.9 million from GBP8.8 million at the same time the previous year. Notes "pleasing" progress by several of its investee companies in the face of Covid-related challenges. Says it did not need to raise any capital in 2021 and sees no immediate to do so, though it does not rule out the possibility.

Current stock price: 3.31 pence

12-month change: down 31%

By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Primorus Inv.
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