IN BRIEF: Mercantile Investment Trust swings to investment gains
5th Apr 2022 16:57
Mercantile Investment Trust PLC - London-based investment company focused on medium and smaller sized companies in the UK - Net asset value per share rises to 277.7 pence at January 31 from 251.0p at the same time the previous year. Gains on investments in the year ended January 31 swings to a profit of GBP228.2 million from a loss of GBP163.3 million the previous year. Pretax return also swings to a profit, rising to GBP265.7 million from a loss of GBP142.9 million in financial 2021. Company increases total dividend for the year by 3.0% to 6.9p. Read More