LONDON (dpa-AFX) - Helical plc (HLCL.L), a property investment and development company, Thursday reported a loss before tax of 189.64 million pounds for the full year, wider than 64.51 million
Helical PLC on Thursday said it appointed a new chief executive officer as it reported its annual loss widened significantly, amid a sharp increase in the loss on the revaluation of investment.
Helical PLC on Monday sold a 50% stake in a City property for GBP55 million to help fund its redevelopment.
The London-focused property developer said it had entered into a joint venture arrangement.