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XXI Century reduces net loss by 8.9x y-o-y to USD 4 mln in 1H11

XXI Century reduces net loss by 8.9x y-o-y to USD 4 mln in 1H11

29 September 2011

XXI Century (AIM: XXIC LN, N/R) published its 1H11 financials on the London Stock Exchange yesterday. The company posted a net loss of USD 3.9 mln (vs. USD 34.7 mln in 1H10), and revenues of USD 5.0 mln (down 10% y-o-y). The company said there has not been any change in its property portfolio since December 31, 2010, at which time it was appraised by CB Richard Ellis at USD 393 mln.

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