APQ Global book value US$24.8mln at end June

0 27

APQ Global Limited (LON:APQ) the emerging markets fund manager, said its book value at the end of June was US$24.8m from US$72.9mln six-months earlier.


In per-share terms, the book value at the end of June was 31.7c from 93.19c at end December. Losses per share for the period were $0.59821 ($0.01348).


In March, APQ largely liquidated its portfolio after a tough first quarter and has since focused on cash conservation.


The dividend has been suspended, management bonuses cut and significant cost reductions made across the business.

Leave A Reply

Your email address will not be published.