Business
Preliminary Results for the year ended 31 Dec 20
Preliminary Results for the year ended 31 Dec 20.
About this update from Thalassa Holdings Ltd
[{"type":"text","content":"\n \n \n \n RNS Number : 7166B\n Thalassa Holdings Limited\n 14 June 2021\n \n \n \n \n Thalassa Holdings Limited\n \n \n 14 June 2021\n \n \n \n \n \n \n \n \n This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.\n \n \n \n \n \n Thalassa Holdings Ltd\n \n \n (Reuters: THAL.L, Bloomberg: THAL:LN)\n \n \n (\"Thalassa\", \"THAL\" or the \"Company\")\n \n \n Preliminary Results for the year ended 31 December 2020\n \n \n \n \n \n 2020 HIGHLIGHTS\n \n \n \n Group Results 2020 versus 2019\n US$\n \n \n • \n Group Profit /(loss) after tax for the year $0.9m vs. $(3.0)m\n \n \n \n \n \n Continuing Operations \n \n \n • \n Operating Loss before exceptional costs & depreciation $(3.1)m vs. $(3.4)m \n \n \n • \n Operating Loss before depreciation (EBITDA) $(3.2)m vs. $(4.3)m\n \n \n • \n Group Profit/(Loss) from continuing operations $1.7m vs. $(3.5)m \n \n \n \n \n \n Discontinued Operations\n \n \n • \n Group Profit/(Loss) from discontinued operations $(0.87)m vs. $0.5m\n \n \n \n \n \n \n \n \n \n \n \n • \n Group Earnings Per Share (basic and diluted)*1 $0.06/£0.05 vs. $(0.18)/£(0.14)\n \n \n • \n Book value per share*2 $1.97/£1.51 vs. $1.69/£1.28\n \n \n • \n Investment Holdings $7.6m vs. $1.7m\n \n \n • Net \n Cash &n...