FONT-SIZE Plus   Neg

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

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The U.S. Consumer Products Safety Commission has asked Safety 1st to recall 35,000 highchairs after several children fell and were injured. The recall covers about 35,000 wooden Safety 1st highchairs in three models: HC144BZF (Casablanca), HC229CZF (Gentle Lace) and HC229CYG (Black Lace). Safety... Ferrari, the luxury car division of Fiat Chrysler Automobiles (FCAU) is reportedly getting a much higher valuation than previously expected driven by its premium status of manufacturing high-performance luxury cars. According to reports, Ferrari expects the IPO to bring its market valuation to about... SeaWorld Entertainment Inc. (SEAS) has received another blow to its business as the California Coastal Commission banned breeding of captive killer whales in San Diego. The new law means SeaWorld won't be allowed to breed captive orcas, including through artificial insemination, at its California...
comments powered by Disqus
Follow RTT