Cambria Africa Announces Stable FY 2023 Results
Company Announcements

Cambria Africa Announces Stable FY 2023 Results

Cambria Africa (GB:CMB) has released an update.

Cambria Africa PLC reported a modest loss of $156,492 for FY 2023 but saw revenues remain stable at around $922,000 and a 6% increase in net asset value (NAV) to $6.1 million. The company’s shares on AIM will resume trading following the release of these financial statements. Key factors contributing to the NAV increase include the receipt of previously written-down ‘Legacy Debts’ totaling $407,350, partially offset by foreign currency translation losses.

For further insights into GB:CMB stock, check out TipRanks’ Stock Analysis page.

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