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IN BRIEF: APQ Global shares resume trading as catches up results

ALN

APQ Global Ltd - private equity investor - Shares rise as they are restored to trading on AIM in London on Friday after APQ Global releases its financial results for the first half of 2024, having published its 2023 results in September. APQ recorded a pretax loss of $4.1 million in the six months that ended June 30, widened from $1.6 million a year before. Turnover declined to $4.2 million from $6.4 million, and net loss on financial assets at fair value was $5.1 million, widened from $2.8 million. Net asset value per share was 24.87 cents on June 30, up from 30.10 cents on December 31. Total book value on June 30 was $19.5 million.

For 2023, APQ had reported a pretax profit of $16.4 million. This was thanks to $12.9 million in revenue and a net gain on financial assets at fair value of $10.5 million.

Current stock price: 5.03 pence, up 14% on Friday

12-month change: up 68%

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