The Na­tion­al In­vest­ment Fund Hold­ing Com­pa­ny Lim­it­ed record­ed of a net loss for the three month pe­ri­od end­ed March 31, 2026 (Q1 2026).

In the com­pa­ny’s unau­dit­ed fi­nan­cial re­port, NIF chair Dr. San­dra Sookram stat­ed, “The com­pa­ny record­ed a net loss of $36.9 mil­lion be­fore un­re­alised fair val­ue ad­just­ments, com­pared to a net loss of $37.7 mil­lion for the same pe­ri­od in 2025, con­sis­tent with the com­pa­ny’s usu­al first-quar­ter earn­ings pro­file, giv­en that div­i­dend in­flows from our in­vestee com­pa­nies are typ­i­cal­ly weight­ed to­ward the lat­ter part of the fi­nan­cial year. In ac­cor­dance with IFRS Ac­count­ing Stan­dards, the com­pa­ny mea­sures its in­vest­ment port­fo­lio at fair val­ue.”

She added, “Dur­ing the pe­ri­od, a net un­re­alised gain of $0.8 mil­lion was recog­nised, com­pared to a loss of $60.2 mil­lion in the pri­or-year pe­ri­od, rep­re­sent­ing a favourable move­ment of ap­prox­i­mate­ly $62.0 mil­lion. To­tal com­pre­hen­sive loss there­fore im­proved to $36.1 mil­lion, com­pared to $97.9 mil­lion in 2025, a re­duc­tion in loss of ap­prox­i­mate­ly 63 per cent. These move­ments are non-cash in na­ture and re­flect changes in the mar­ket prices of the com­pa­ny’s list­ed in­vestee com­pa­nies.”