1st Dec 2023 16:45
JPMorgan Japan Small Cap Growth & Income PLC - London-based investment company focused on Japanese small caps - On September 30, net asset value per share is 349.8 pence, down from 355.7p a year earlier, or down from 359.6p on March 31. In the six months that ended September 30, pretax net loss is GBP1.3 million, narrowing from GBP18.6 million a year earlier. Losses on investments also narrows to GBP3.1 million from GBP19.6 million. Notes signs of improvement in the Japanese economy following "its, albeit delayed, post-pandemic re-opening". Says it is positive about the company's prospects, sharing the portfolio managers' confidence in its ability to "deliver attractive levels of capital growth, combined with a regular income, to shareholders over the long term".
Current stock price: 300.93 pence, up 0.7%
12-month change: down 11%
By Greg Rosenvinge, Alliance News senior reporter
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