16th Aug 2021 17:32
Watchstone Group PLC - insurance company - Reports a swing to pretax loss of GBP1.7 million in the six months to the end of June compared to GBP7.2 million profit the year earlier. Says net assets as at June 30 are GBP15.4 million, down from GBP17.1 million reported at the end of 2020. As at Friday last week, the company says it had cash of GBP14.1 million and GBP1.8 million held in escrow.
Current stock price: 35 pence
Year-to-date change: down 40%
By Evelina Grecenko; [email protected]
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