Limitless Earth records small loss as expenses weigh

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Investment company Limitless Earth posted a small first-half loss as expenses outweighed income from its current four investments.

Pre-tax losses for the six months through July amounted to £60k, compared to losses of £55k on-year.

The company currently owns stakes in tile producer Saxa Gres, data compression solution provider V-Nova, blood-test group Chronix Biomedical and nanotech company Exogenesis Corporation.

'During the reporting period, the company looked at new potential investments and opened a series of due diligence on potential new investments some of which are ongoing,' Limitless Earth said.

'The board continues to actively source new investments.'

The company also said that it was carefully keeping operating costs to a minimum.

At 2:05pm: (LON:LME) Limitless Earth Plc Ord 1p share price was 0p at 13p