24th Sep 2013 08:59
LONDON (Alliance News) - Lead All Investments Ltd Tuesday said it is currently evaluating a number of projects in South-East Asia, China and Japan which it considers have potential for significant growth and shareholder value, as it reported a net loss of GBP91,311 for the six months to June 30, from a loss of GBP80,126 a year earlier.
The investment company, which currently isn't earning any revenues, said the loss, all down to administrative expenses, was in line with its expectations.
Cash and fixed term deposits at the end of June stood at GBP233 million, compared with GBP2.4 million at the end of December.
The company's shares last traded at 8.25 pence.
By Steve McGrath; [email protected]; @SteveMcGrath1
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