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Jade Road’s H1 2024: Reduced Income and Net Loss

Jade Road Investments Limited (GB:JADE) has released an update.

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Jade Road Investments Limited reported a reduction in total interest income to $0.01 million and a net loss of $0.4 million for the first half of 2024, alongside a decrease in consolidated NAV to a deficit of $0.35 million. The company, after becoming a shell entity, has entered a strategic partnership with MBM Ltd., securing a first tranche of £80,000 under a Convertible Loan Note, with future finance strategies being explored.

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

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