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Sep 04, 2023 12:32 EEST
September 4 (SeeNews) - Slovenian investment management company KS Nalozbe [LJE:KSFR] has recorded a consolidated net loss of 1.6 million euro ($1.7 million) in the first half of 2023, versus a 219,812 euro net loss in the like period of last year, it said.
Financial expenses from impairment of financial investments amounted to 1.4 million euro in the period under review, up from only 8,520 euro in the first half of 2022, KS Nalozbe said in a filing with the Ljubljana Stock Exchange on Friday.
Costs of goods, materials and services amounted to 119,697 euro, the same as in the first half of last year, whereas labour costs grew to 93,539 euro from 83,575 euro, KS Nalozbe said.
KS Nalozbe said in November said it plans to propose its liquidation to shareholders during an extraordinary meeting to be held on December 12. The shareholders' meeting was later cancelled.
The investment management company's main line of business is the purchase, management and sale of shareholdings in other enterprises.
($ = 0.92592 euro)
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