Albany Capital posts interim pre-tax losses of £3.1m compared with a profit of £727,316 a year ago.

Consolidated net assets per share at 31 March stood at 39p - down from 55.9p and cash reserves fell to £1.16m from £8.96m.

Chairman John McLean said the underlying performance of the company's core investment portfolio performed in-line with expectations despite the challenging conditions placed on both the Chinese economy and external economic conditions.










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