Excelsior Capital Reports Robust NTA Growth

Excelsior Capital Limited (AU:ECL) has released an update.

Excelsior Capital Limited has reported an increase in their Net Tangible Assets (NTA) per share with a before-tax estimate of 412.76 cents and 394.42 cents after tax adjustments, as of September 30, 2024. The company’s investment portfolio showed significant growth, particularly in unlisted equity shares and alternative assets, with overall NTA rising from the prior year’s figure. This financial growth comes after the successful sale of its Electrical Division to IPD Group, reflecting in the substantial increase in total NTA.

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