Heritage posts net loss of $87.9mn in Q2 dragged down by share-price falls

05 August 2022

Florida carrier Heritage has posted a net loss of $87.9mn for Q2, primarily due to a $90.8mn goodwill impairment charge following an interim valuation review and stemming from the company’s lower share price.

The company’s share price had fallen to $2.64 as of 30 June 2022, down 55% from $5.88 at 31 December 2021.

However,

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