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BRIEF-New Venturetec H1 net loss narrows to $0.65 million
May 24, 2017 / 8:02 AM / 2 months ago

BRIEF-New Venturetec H1 net loss narrows to $0.65 million

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May 24 (Reuters) - NEW VENTURETEC AG:

* CLOSED THE FIRST SIX MONTHS OF THE FISCAL YEAR 2016/17 WITH A LOSS OF USD 650,515 COMPARED WITH A LOSS OF USD 52,298,743 IN THE SAME PERIOD 2015/16

* THE LOSS IS MAINLY A RESULT OF THE DECREASE OF THE PUBLIC TRADED SHARE PRICES OF THE INVESTMENTS HELD BY THE NON-CONSOLIDATED SUBSIDIARY VENTURETEC INC

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Further company coverage: (Gdynia Newsroom)

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