IN BRIEF: Bowen Fintech interim loss narrows on less expenses

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Bowen Fintech PLC - special purpose acquisition company formed to buy businesses in the technology innovations sector with a focus on the financial services industry - Pretax loss for the six months to October 31 narrows to £45,047 from £108,436 a year before, as it did not pay a share-based payment in the half-year, compared to one of £88,050 in the corresponding six months a year prior. Also, does not have any IPO related costs, even though it paid £11,888 in expenses last year. Administrative expenses, however, more than triple to £45,047 from £8,498 year-on-year. Posts no revenue, unchanged from a year ago.

Current stock price: suspended

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