LONDON (ShareCast) - (Sharecast News) - Scholium Group updated the market in light of the ongoing Covid-19 coronavirus pandemic on Tuesday, reporting that it was currently operating at a loss while trading by distance.
The AIM-traded firm said that, while the Shapero Rare Books' retail premises was not open to visitors, it was - in common with Scholium Trading and Mayfair Philatelics - maintaining a reduced level of trading over the internet and by telephone.

"As a result, and taking into account various cost savings that have been achieved by the board, including the furloughing of several members of staff, the group as a whole is currently trading at a small monthly loss," the board said in its statement.

The company said its stock was currently in excess of ?8m, and cash at the end of March totalled more than ?0.27m.

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