14th Sep 2022 14:26
Red Capital PLC - Jersey-based acquisition company - Posts half year results to June 30, comparing them to the three month period ended June 30, 2021. Company was established in March 2021. Pretax loss widens to GBP96,510 from GBP59,940 a year prior. Posts no revenue for the period, in line with a year prior.
"During the period and post period end, Red has continued to pursue its investment and acquisition strategy and is currently assessing opportunities within its chosen sectors of interest. These include successful businesses with the potential for high growth that have considered a listing and are seeking to partner with, and leverage the benefits of, the board's experience and that of the wider Red team," Chair David Williams states.
Current stock price: 30.18 pence
12-month change: down 99%
By Tom Budszus; [email protected]
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