JPEL Private Equity Ltd - Guernsey-based investment company - Reports income in the year to June 30 of $1.7 million, up from $240,000 the year prior. Pretax loss narrows to $3.0 million from $10.9 million while loss per share totalled $0.12 compared to $0.25. Says current portfolio is mature with a weighted average age of 11.83 years at June 30. Anticipates that the majority of the JPEL portfolio will continue to be wound down within the next three years. However, continues to look at all options that they believe will maximise shareholder value for the assets individually and the company as a whole.

Current stock price: $1.0

12-month change: down 20%

Copyright 2023 Alliance News Ltd. All Rights Reserved.