Edinburgh Investment Trust Plc (EDIN.L) reported a return on ordinary activities before tax for fiscal 2012 of 133.78 million pounds, higher than 100.63 million pounds a year ago.
Return per ordinary basic share for the fiscal year ended March 31, 2012, increased to 67.8 pence from 50.9 pence in the prior year.
Gains on investments grew to 109.92 million pounds from 70.29 million pounds in the preceding year.
"Economic and market conditions have remained challenging throughout the past 12 months. However, against this backdrop, the Company's defensively positioned investment portfolio delivered substantial out-performance against the broader market for the year ended 31 March 2012," the company stated.
The board is also proposing a final dividend of 7 pence per share for the 3 months to March 31, 2012, up from 6.55 pence paid last year. This will make full year dividends of 22 pence per share, an increase of 5.8 percent over the prior year.
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by RTT Staff Writer
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