PRE-TAX losses at Dublin-based investment group, Prime Active Capital (PAC) more than halved last year, to €1.4m; down from a loss of €3.9m in 2009.

DUBLIN-based investment group Prime Active Capital (PAC) has reported an operating loss of €1.84 million for the first six months of this year, a decent improvement from the €2.65m loss it made for the same period last year.