Brimstone warns loss will widen amid downward valuations
The largest shareholder of Sea Harvest says its first-half headline loss could increase by as much as 35%
28 August 2020 - 10:18
Brimstone Investments, the largest shareholder of food producer Sea Harvest, has warned that its half-year loss is expected to widen amid downward pressure on the valuations of its listed investments.
The group expects a headline loss per share of 73.6c-81c, a 23%-35% increase on the prior period’s loss per share of 59.9c, which has been adjusted to account for a capitalisation issue in May...
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