IN BRIEF: London & Associated Properties shares up amid bright outlook
30th Aug 2024 14:14
London & Associated Properties PLC - London-based investor in UK industrial and retail properties - Reports pretax profit of GBP4.2 million for the first half of 2024, against prior year's GBP2.5 million loss. Net asset value per share rises 0.4% to 33.50 pence at June 30 from 33.38p at December 31. Group revenue decreases 13% annually to GBP24.8 million from GBP28.3 million. However company reports GBP920,000 gain on fair value of investment in Bisichi PLC, against a GBP553,000 loss. Operating costs decrease 30% to GBP20.0 million from GBP28.7 million. Read More