Equest Balkan Properties posts 9.5M euro H1 loss

Real estate developer Equest Balkan Properties has recorded a loss of 9.5 million euro beforetax loss in the first half of 2008, compared to a 9.7 million profit recorded in the first six months of last eyar, on the back of rising finance costs, operating and administrative expenses, as well as falling valuations of its assets, the company said in a statement filed with the London Stock Exchange, where it is listed on the alternative investment market.

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