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IN BRIEF: Tintra shares jump on 50% profit rise and rosy outlook

29th Oct 2021 11:48

Tintra PLC - Windsor, Berkshire-based investment and advisor formerly known as St James House - Reports rise 50% in pretax profit in six months to July 31 of GBP288,000 from last year's GBP192,000. Revenue rises 7.8% to GBP596,000 from GBP553,000. "The first six months of this financial year have seen some dramatic and positive changes to the company with the finalisation of the involvement and capital injections by Tintra Acquisitions Ltd, who now hold 25.85% of our issued shareholding," company says.

"The new management team has access to a vast marketplace underpinned by their reputable name within the investment field, especially in emerging and frontier markets which can only bode well for our turnover figures going forward," company adds.

Current stock price: 82.40 pence, up 6.3%

Annual change: up sharply from 35p at October 29, 2020

By Greg Roxburgh; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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