James Latham (LTHM.L), on Thursday, reported a profit after tax attributable to owners of the parent company for the six months ended September 30, 2024, of £10.2 million or 50.3 pence per share compared to £12.4 million or 61.4 pence per share last year.
Operating profit was £11.3 million, compared to £14.5 million in the same period of last year. Profit before tax was £13.6 million versus £16.4 million reported a year ago.
Gross profit percentage, which includes warehouse costs, for the six-month period ended 30 September 2024 was 16.3% compared with 16.8% in the comparative six months.
Revenue for the period decreased to £186.6 million from £190.9 million generated in the same period of last year.
The Board has declared an increased interim dividend of 7.95p per Ordinary Share. The dividend is payable on 24 January 2025 to ordinary shareholders on the company's Register at the close of business on 3 January 2025. The ex-dividend date will be 2 January 2025.
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