London Finance & Investment Group P.L.C. Declares Interim Dividend, Payable on April 7, 2017; Announces Unaudited Consolidated Earnings Results for the First Six Months Ended December 31, 2016
The company announced unaudited consolidated earnings results for the first six months ended December 31, 2016. For the first six months, the company announced total operating income of GBP 2,426,000 compared to GBP 1,881,000 for the same period a year ago. Operating profit was GBP 2,068,000 compared to GBP 1,594,000 for the same period a year ago. Profit on ordinary activities before taxation was GBP 2,171,000 compared to GBP 1,586,000 for the same period a year ago. Profit on ordinary activities after taxation was GBP 1,821,000 compared to GBP 1,340,000 for the same period a year ago. Profit attributable to shareholders was GBP 1,815,000 compared to GBP 1,315,000 a year ago. Basic, diluted and headline earnings per share were 5.8 pence compared to 4.2 pence for the same period a year ago. Net assets per share as of December 31, 2016 were 64.9 pence compared to 58.1 pence a year ago. Cash outflow on operating activities was GBP 1,266,000 compared to cash inflow on operating activities of GBP 227,000 for the same period a year ago.