Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Falkland Islands Fiscal Year Pretax Profit From Cont. Opns. Decreases

6/10/2013 2:38 AM ET

Falkland Islands Holdings plc (FKL.L) reported pretax profit from continuing operations of 2.80 million pounds for the year ended 31 March, 2013, compared to 2.84 million pounds last year. Profit for the year attributable to equity holders decreased to 1.60 million pounds or 13.7 pence per share, from 2.26 million pounds or 24.4 pence per share prior year.

Underlying pre-tax profit increased 1.9% to 3.29 million pounds from 3.23 million pounds last year. Underlying profit per share was 21.3 pence for the year.

In the current year, the Group benefited from interest of 0.16 million pounds earned on the 10.0 million pounds share subscription from shareholders in July 2012.

Group revenue increased by 4.4% to 35.6 million pounds from 34.1 million pounds last year. The Board of Falkland Islands recommended an increased final dividend of 7.5 pence per share, which makes a total dividend of 11.5 pence per share, up 4.5% on last year.

Click here to receive FREE breaking news email alerts for Falkland Islands Holdings PLC and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Justin Moore has been named Humanitarian of the Year by by the Armed Forces Foundation. Moore received the award alongside Big Machine Label Group President/CEO Scott Borchetta for their service and commitment to the morale and welfare of military families through the Crown Royal "Your Hero's Name Here" contest. International Business Machines Corp. said Wednesday after the markets closed that its first quarter profit fell 21% from last year, hurt by lower revenue as well as a hefty workforce rebalancing charge. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Stocks moved sharply higher over the course of the trading day on Wednesday, further offsetting the steep losses posted late last week. The markets benefited from a positive reaction to the latest earnings news as well as remarks by Federal Reserve Chairman Janet Yellen. The major averages saw further upside going into the close, ending the session at their best levels of the day.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.