CLR Investment Fund Public Ltd Announces the Interim Management Statement for the Period from July 1, 2014 to November 14, 2014; Provides Earnings Guidance for the Full Year of 2014
November 19, 2014 at 07:09 pm
CLR Investment Fund Public Ltd. announced the interim management statement for the period from July 1, 2014 to November 14, 2014. The Group recorded a loss on revaluation of financial assets at fair value through profit or loss amounting of 117,000 compared to losses of 469,000 a year ago, mainly due to the drop in the price of certain securities in the CSE. The Group has not made any profits or losses from the sale of listed shares compared to losses of 10,000 a year ago. The Group's loss for the period amounted to 169,000 compared to loss of 635,000 a year ago. Overall, the Group's loss from the beginning of the year until November 15, 2014 amounted to 456,000 compared to loss 937,000 a year ago, of which a loss of 452,000 is attributable to shareholders of the parent company decision are expected to have a negative impact on the results of the Group for the year 2014.
The company expected to have a negative impact on the results of the Group for the year 2014.