24th Jun 2022 09:28
RiverFort Global Opportunities PLC - Wycombe-based investment adviser - Posts lower profit for 2021 but ups payout. Pretax profit falls to GBP1.0 million from GBP1.5 million in 2020. Investment income climbs to GBP1.8 million from GBP1.3 million.
Pays a dividend of 0.038 pence for 2021 versus 0.02p for 2020. Cash and equivalents halve to GBP2.0 million from GBP4.0 million. The firm's investment portfolio grows to GBP13.1 million from GBP11.2 million. "The demand for the company's investment capital has been growing strongly," says Chair Philip Haydn-Slater. 2022 has started well, he added.
Current stock price: 0.98 pence, up 5.8% on Friday
12-month change: down 42%
By Tom Budszus; [email protected]
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