17th Aug 2022 17:59
Reconstruction Capital II Ltd - closed-end investment fund - As at June 30, net asset value per share stands at 19.55 euro cents, up from 15.62 cents the same date a year before, but down from 19.71 cents at the end of December.
Although paint and varnish company Policolor Group posts revenue growth, earnings before interest, tax, depreciation and amortisation drops on difficulties in passing on raw material price increases to customers, while Romania-based Mamaia Resort Hotels swings to a profit for the six-month period as a result of higher occupancy.
Loss for the six month period narrows to EUR239,608 from EUR329,698 a year before, while net investment income surges to EUR155,319 from EUR12,040.
Current stock price: EUR0.080
12-month change: down 11%
By Dayo Laniyan; [email protected]
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