25th Sep 2025 14:45
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News:
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Logistics Development Group PLC - London-based investment company - Says pretax profit multiplied to GBP15.3 million in the six months ended June 30. This compares to GBP1.6 million in the half-year ended May 31. It attributes the earnings boost to a GBP19.9 million fair-value gain on investments and interest income of GBP373,000. Basic earnings per share rose to 3.17 pence from 0.29p during the comparative period, with no interim dividend declared, unchanged from the previous year. Logistics Development held GBP8.1 million in cash at the end of June, reduced from GBP31.9 million at the end of May. The firm changed its year-end to December 31 from November 30 back in November in line with its investment manager DBAY Advisors Ltd. It notes DBAY is in the process of "reviewing several investment opportunities". Logistics Development holds its investment portfolio through its subsidiary Fixtaia Ltd.
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Marwyn Acquisition Co III Ltd - Tortola, Virgin Islands-registered acquisition vehicle established by Marwn Partners - Swings to a pretax loss of GBP125,972 in the year that ended June 30 from a profit of GBP88,580 the previous year. The firm swung to a basic loss per share of 1.62p from 0.70p in earnings per share. Its cash balance dropped to GBP4.7 million at June 30 versus GBP10.1 million on-year. MAC III said it has continued its discussions with possible management partners and looks forward to an update "in due course". Since MAC III is yet to acquire a trading business, it has not declared any dividends.
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Panther Metals PLC - Canada-focused mineral deposits explorer - Reports no revenue in the first half of 2025, unchanged from the previous year. Its pretax loss widened to GBP1.1 million during the six months that ended June 30 from GBP967,270. However, loss per share narrowed to 20.99p from 25.59p a year earlier. Cash balance stood at GBP27,293 million as of June 30, reduced from GBP236,958 on-year. Back in July, Panther Metals reported option and purchase agreements for its Winston project, which targets zinc, copper and precious metals in Canada. The firm sees the site as "a potential near-term production opportunity" given its existing infrastructure, with possible early cash flow whilst the company works towards underground mining. It adds that during the first half, "the company capitalised its remaining debt and sold its remaining investment in Fulcrum Metals PLC, streamlining its balance sheet ready for the next stage of its corporate development." Panther Metals opened an Isle of Man-based bitcoin treasury in June called CoinCorner Ltd and spent GBP52,010 on cryptocurrency, but sold most of its holding in July and August.
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By Holly Munks, Alliance News reporter
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