Highway Capital interim loss widens
Investment company Highway Capital posted a wider loss for the first half as administrative expenses grew.
Financial Services
16,492.39
15:44 15/11/24
-0.24%
-40.16
Highway Capital
0.00p
17:30 25/09/24
0.00%
0.00p
For the six months to the end of August, the pre-tax loss came in at £65,000 compared with £53,000 in the same period a year earlier, in line with the rise in administrative expenses.
The company said it secured a £120,000 loan in the period from director and shareholder Maciej Szytko.
No interim dividend was declared.
At 1028 GMT, shares were up 17% at 20.50p.