IN BRIEF: Bay Capital widens interim loss; eyes acquisitions

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Bay Capital PLC - Jersey-based investor in industrial, construction and business services sectors - In the six months to June 30, pretax loss widens to £108,394 from £89,500 a year before, mostly reflecting operating expenses related to being a listed business. Records no revenue, unchanged year-on-year. Finishes the period with £6.6 million in cash, compared to £6.7 million at the end of December. Currently assessing investment and acquisition opportunities in the industrial and construction sectors. Does not anticipate dividend payments in the near future.

Current stock price: 16.50 pence

12-month change: down 8.3%

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