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Helical Bar Annual Profit Surges - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Helical Bar PLC 's (HLCL.L) full-year profit after tax attributable to equity shareholders soared to 87.60 million pounds from 5.87 million pounds in the prior year. Earnings per share jumped to 73.2 pence from 5.0 pence last year.

The company's pre-tax profit totaled 101.7 million pounds, compared with 5.0 million pounds, last year.

For the full year, EPRA earnings amounted to 38.9 million pounds or 32.5 pence per share, versus the prior year levels of 2.8 million pounds or 2.4 pence per share a year ago. Adjusted EPRA earnings per share were 47.4 pence this year.

Annual revenues advanced to 123.64 million pounds from 65.44 million pounds in 2013.

The company said its shareholders'funds rose 34 percent for the year, helped by a combination of significant development profits, growth in rental surpluses and revaluation gains on the investment portfolio.

Further, the board proposed a final dividend of 4.75 pence per share to be paid on July 30, 2014 to shareholders on the register on July 4, 2014.

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