5th Feb 2015 08:44
LONDON (Alliance News) - Mountview Estates PLC on Thursday said its pretax profit and revenue for the year to date, albeit not quite as rapidly than in the first half.
Mountview said its pretax profit for its financial year to date, starting April 1, is up 47% on the back of an 18% rise in revenue.
The increase is slightly slower than the growth reported for the first half of its financial year to the end of September, when pretax profit rose 58% to GBP20.8 million from GBP13.2 million a year earlier.
Revenue in the first half also increased at a faster pace, up 28% to GBP36.9 million from GBP28.8 million a year earlier.
Mountview added it continues to make purchases and is well-funded.
Shares in Mountview were untraded on Thursday morning, having last traded at 11,000.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Mountview Est.