Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

EARNINGS: Dekel Agri swings to profit amid higher palm oil prices

26th Sep 2025 13:20

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News:

----------

Ace Liberty & Stone PLC - London-based property investment company - In the financial year ended April 30, pretax loss narrows to GBP1.8 million from GBP4.2 million a year prior. Revenue dips 1.4% to GBP5.5 million from GBP5.6 million. Fair value loss on investment property reduces to GBP396,255 from GBP2.9 million. Chair Tony Ghorayeb says: "Whilst there remains uncertainty in the macroeconomic environment, there are signs of positive change in the property market. As interest rates have begun to fall, we are seeing more positive sentiment in the market and we expect this trend to continue as rates and inflation stabilise over time. In addition, I was pleased to note the government's renewed support for regional locations. This will no doubt provide a much-needed boost to cities in those areas and, as an owner of investment property assets outside London, this change is welcome."

----------

Dekel Agri-Vision PLC - West Africa-focused agricultural company firm - Swings to pretax profit of EUR87,000 in the six months to June 30, from a loss of EUR616,000 a year ago, while operating profit doubles to EUR1.6 million from EUR789,000. Revenue grows 25% to EUR23.9 million from EUR19.2 million. Cost of sales increases 21% to EUR20.5 million from EUR17.0 million, while general and administrative expenses come in 23% higher at EUR1.8 million from EUR1.5 million. Crude palm oil production falls 9.1% to 21,128 tonnes in the first half of 2025 from 23,236 tonnes a year ago. Average crude palm oil price per tonne jumps 25% to EUR963 from EUR770. Palm kernel oil output rises 7.8% to 1,474 tonnes in the first half of 2025 from 1,367 tonnes a year prior, while average palm kernel oil price surges 58% to EUR1,266 per tonne from EUR803. Chair Jonathan Johnson-Watts says: "Further momentum is anticipated with the imminent arrival of additional equipment, representing only a modest capital outlay but expected to deliver a step-change in production capacity. This expansion positions the cashew operation to achieve its first full-year positive earnings before interest, tax, depreciation and amortisation performance in 2025 - a milestone that would mark a significant step forward for Dekel, creating two Ebitda-generating operations and a more diversified, resilient earnings base."

----------

Digital 9 Infrastructure PLC - London-based investor in internet infrastructure such as data centres and subsea fibre - Says net asset value per share at June 30 was 32.7p, down 4.9% from 34.4p at December 31, 2024 and down 30% from 46.6p the year before. NAV total return for the six months to June 30 is negative 4.7%, against a negative 29.8% return a year prior. The group's pretax loss narrows to GBP14.2 million from GBP171.8 million, as the firm's loss on investments held at fair value trims to GBP14.5 million from GBP168.0 million. "With the first phase of the wind-down largely complete, the company's financial position is now stabilised," says Chair Eric Sanderson. "We have a platform to maximise shareholder value over time, following the full repayment of the [revolving credit facility] and completion of the Aqua Comms sale expected by the end of the year. With value-enhancing initiatives underway at Elio Networks and key decisions in relation to contract renewals regarding Arqiva's DTT business to take place in 2027, significant value remains to be unlocked. The board and investment manager continue to seek opportunities to maximise value for shareholders."

----------

Livermore Investments Group Ltd - investment company focused on fixed income instruments - Swings to pretax loss of USD1.2 million in the six months to June 30, from a profit of USD9.7 million a year prior. Interest and distribution income falls 39% to USD7.6 million from USD12.3 million. Loss from fair value changes of investments balloons to USD8.0 million from USD278,000. Net asset value per share as at June 30 falls 4.8% to 80 US cents from 84c at December 31, 2024 and is 17% lower than 96c a year prior. "Overall the first half of 2025 was a relatively challenging investment environment as markets grappled with new US trade policy and its implications. US GDP growth stalled in the first quarter of 2025 largely due to negative net exports, with firms having front-loaded imports ahead of new tariffs, though domestic private demand remained solid. The labour market stayed resilient, with the unemployment rate at 4.1% in February and 4.2% in May, while employment continued to rise," Livermore says.

----------

Sutton Harbour Group PLC - Plymouth, England-based owner and operator of Sutton Harbour specialising in waterfront regeneration projects and waterfront real estate - Pretax loss from continuing operations widens to GBP18.7 million in the financial year ended March 31, from GBP4.4 million a year prior. Revenue falls 43% to GBP9.2 million from GBP16.4 million. Cost of sales reduce by 54% to GBP7.6 million from GBP16.3 million. Notably, Sutton Harbour reports a cost of GBP13.0 million regarding an impairment adjusted to development property inventory, compared to no such cost in financial 2024. Looking ahead, Executive Chair Philip Beinhaker says: "The sales of good yielding assets is progressively eroding profitability as interest saved is lower than the relevant contributions. The company has engaged professional advisors with the objective of establishing options and putting place funding facilities which best meet the company's current and future needs."

----------

Zinnwald Lithium PLC - Europe-focused developer of the integrated Zinnwald lithium project, in Saxony on the German-Czech border - Pretax loss in the six months to June 30 widens to EUR1.6 million from EUR1.2 million a year prior. Administrative expenses increase to EUR1.3 million from EUR1.2 million. Zinnwald says: "The pre-feasibility study has demonstrated the size, long mine life and robust economics of the project and its relevance to the long-term development of the German and EU battery chain. The company will continue to advance the technical development work required ahead of commencing the definitive feasibility study. The company will also continue its work on the permitting and environmental & social impact assessment process and ensuring its social license to operate with the local community, supported by its strong relationship with the local government in Saxony. Alongside this, the company will continue to advance its long term financing strategy including discussions with potential financing partners."

----------

By Tom Budszus, Alliance News slot editor

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


Related Shares:

Dekel AgriDigital 9LivermoreSutton Harbour HoldingsZinnwald Lithium
FTSE 100 Latest
Value9,284.83
Change70.85