LMS Capital net asset value falls amid Covid-19 hit to portfolio valuation | 12 March 2021
12 March 2021 | 08:39am StockMarketWire.com - Investment company LMS Capital reported a fall in annual net assets as its investment portfolio was hurt by the impact of the Covid-19 pandemic. For the year ended 31 December 2020, net asset value fell to £47.9 million, or 59.4 pence per share, from £56.0 million, or 69.3 pence per share in 2019. The reduction was blamed on the impact of Covid-19 on portfolio investment valuations in the first half of the year, that widened portfolio losses to £2.1 million from £0.8 million year-on-year. 'The previously announced Dacian Petroleum transaction...
Source: stockmarketwire.com