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JPMorgan Global Growth & Income Annual Profit Declines

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

JPMorgan Global Growth & Income PLC (JGGI.L) Thursday reported net return before taxation of 39.29 million pounds for the full year, significantly lower than 557.67 million pounds for the previous year, impacted mainly by decrease in gains on investments.

Gains on investments held at fair value through profit or loss declined to 13.83 million pounds from 536.7 million pounds a year ago.

Net return after taxation decreased to 33.99 million pounds or 6.64p per share from 552.22 million pounds or 128.55p per share last year.

Income from investments, however, rose to 46.29 million pounds from 38.32 million pounds for the prior year.

For the financial year starting July 1, 2025, the Board plans to pay total dividends of 23p per share (5.75p per quarter), up 0.9% from last year.

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