Source - Alliance News

Castelnau Group Ltd - Guernsey-based closed-ended investment company - Reports a net asset value per share of 75.02 pence at December 31, down from 93.55p at the same time a year prior. Total NAV return for 2022 was negative 20% compared to a positive 0.3% return for its benchmark index, the FTSE All Share Total Return Index. Pretax loss in the year totals £34.1 million, widening from £12 million the year prior. Says that while the short-term performance is ‘disappointing’, the outlook for the future is ‘very promising.’ Declares no dividend.

Current stock price: 73.00 pence

12-month change: down 24%

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