(Alliance News) - Hertsford Capital PLC on Friday posted a loss for its first financial year, as it continue to look for strategic investments.
For the year to the end of June, Hertsford reported a pretax loss of GBP56,889, and as at June 30 had cash reserves of GBP2.8 million, with no debt financing.
The UK-based company floated on London's Main Market in November last year, with the intention of acquiring businesses in the technology sector.
"We continue to consider possible investments for Hertsford and will update the market as progress is made," said Chair Harry Hyman.
Hertsford shares were untraded in London, last quoted at 8.90 pence on Friday afternoon.
By Loreta Juodagalvyte; loretajuodagalvyte@alliancenews.com
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