CLR Investment Fund Public Ltd. Provides Earnings Guidance for the Year Ended December 31, 2017
January 03, 2018 at 02:06 pm
CLR Investment Fund Public Ltd. provided earnings guidance for the year ended December 31, 2017. For the year, the company expects to record profits, in contrast to the corresponding results of 2016 which recorded losses. This is mainly due to unrealised profits from the revaluation of the company's investment portfolio on the Cyprus Stock Exchange. The increase in dividends receivable has also had a positive impact on the results.