5th Feb 2016 13:45
LONDON (Alliance News) - Tejoori Ltd, a London-listed Shari'a-compliant investment company based in Dubai, said it hopes to be able to improve its performance.
"Any future investment by Tejoori will be made with a view to have higher potential returns for the shareholders," Chairman Khalid Al Nasser said.
The company had USD3.5 million in cash available for investment at the end of 2015, similar to the USD3.6 million figure at the start of its financial year in July.
Tejoori recorded a loss of USD29,296 in the six months ended December 31, 2015, versus a profit of USD26,481 the prior half year.
Shares in Tejoori were untraded at USD0.0500 on Friday.
By Samuel Agini; [email protected]; @samuelagini
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