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IN BRIEF: Harworth Retains Interim Dividend Despite Swing To Loss

6th Oct 2020 11:39

Harworth Group PLC - Rotherham-based property developer - Swings to a pretax loss of GBP3.6 million for the six months to the end of June from GBP30.3 million profit the year before, as revenue falls to GBP23.7 million from GBP58.6 million. As at June 30, net asset value per share rose slightly to 142.2 pence from 141.3p the same date the prior year. Portfolio value at the end of June was GBP560.4 million, compared to GBP585.3 million at the end of December. Declares dividend of 0.3p per share, in line with the year before. To focus on purchasing major brownfield and potential urban extension sites in sustainable locations.

Current stock price: 90.27 pence

Year-to-date change: down 36%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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