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Securities dealer Mayberry Group Ltd posted a net loss of $2.2 billion for the first quarter ended March 2026, about one-third worse than a year earlier, as continued equity market volatility hammered the investment firm's portfolio valuations and pushed interest costs sharply higher.
"The quarter presented a difficult operating environment, and the group's results reflect those headwinds and the underlying progress being made," Group Chief Executive Gary Peart said in the quarterly financials.
He said the group continued to diversify its income streams to offset market pressure, within what he described as a broader strategic programme of reducing balance sheet risk, broadening the revenue base, and building a more durable earnings foundation.
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