29th Jan 2019 18:04
LONDON (Alliance News) - Octopus Titan VCT PLC on Tuesday said that its annual net asset value per share fell, although the firm was pleased with its performance.
For the year ended October 31, the venture capital trust posted net asset value per shares down to 93.1 pence from 96.4p a year prior. Including the dividend payment of 5p, the firm's net asset value was up by 1.7p.
The company's total return halved to 1.8% from 3.6% a year ago, while its pretax profit also fell to GBP11.2 million from GBP16.2 million.
The company kept its final dividend at 3.0p per share, for a total payout of 5.0p, unchanged from last year.
Octopus Titan shares closed down 0.6% at 88.00p each.
Related Shares:
Octopus T.vct