amended: corrects EPS figures in the second para
City of London Investment Group PLC (CLIG.L) said it expects pre-tax profits for full year to be approximately 8.9 million pounds and profits, after an anticipated tax charge of 2.6 million pounds, to be about 6.3 million pounds. This compares to last year's pre-tax profits of 11.5 million pounds and profits of 8.5 million pounds.
Diluted earnings per share for the year is expected at 24.6 pence per share.
Funds under management for the period was 2.4 billion pounds, compared to 2.9 billion pounds in the year ago period.
The company said board is recommending a final dividend of 16 pence per share and said it has established a dividend policy of 1.5 times earnings cover which is applied with flexibility.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.