Pacific Horizon Investment Trust PLC (PHI.L) reported Wednesday that its first-half net return before taxation was 17.17 million pounds, compared to last year's loss of 22.24 million pounds.
Net return per ordinary share was 19.49 pence, compared to loss of 30.79 pence last year.
Revenue return before taxation was 0.91 million pounds, compared to 0.87 million pounds a year ago. Revenue earnings per ordinary share were 0.52 pence, compared to 0.59 pence a year ago.
Gains on investments were 16.09 million pounds, compared to losses on investments of 22.96 million pounds a year ago.
Looking ahead, Roger Yates, Chairman, said, "The Board and managers are very positive about macro economic conditions in the region and about the growth companies located there. Accordingly, we remain optimistic about the returns which will accrue to shareholders in the medium to long term."
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