Gp Investments, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021
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GP Investments, Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced negative total revenue was USD 18.445 million compared to USD 233.174 million a year ago. Net loss was USD 8.020 million compared to USD 114.624 million a year ago.
GP Investments, Ltd. is a Bermuda-based private equity and alternative investment company. The Companyâs operations comprise private equity, real estate and direct investment activities, including the management of limited partnerships. Its segments include private equity and real estate. In the private equity business, it invests to acquire control or joint control with the original owners with the objective of lead the invested company. In real estate business, it invests primarily at the asset level, directly in projects in the residential, office and retail segments. Its investment portfolio includes Spice Private Equity Ltd., Grupo SBF, BR Properties, and 2TM Group. It invests in approximately 15 sectors, such as industry, health services, mobile resource management, retail, logistics, real estate/shopping malls, Internet and technology, hotel, telecommunication, utilities, education, entertainment/restaurants, consumer goods, human resources (HR) services, and oil and gas.
GP INVESTMENTS, LTD. 
