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Inqo Investments Ltd - South Africa-focused investment firm - For the year ended February 28, pretax loss widens to R 14.2 million, around £706,700, from R 13.4 million a year prior, as revenue drops to R 3.9 million from R 4.2 million. Says earnings were lower than expected due to the Covid-19 pandemic, which hit the hospitality industry especially hard, including investee Kuzuko Lodge in South Africa. Currently taking steps to reduce costs. Notes a more positive outlook among some of its investees. Declares no divided, unchanged year-on-year.
Current stock price: 65.00 pence
Year-to-date change: down 1.5%
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