Molten Ventures Plc (GROW.L), on Tuesday reported profit in the first half compared with the previous year.
For the six months ended September 30, profit before tax came in at 74.4 million pounds compared with loss of 25.2 million pounds previous year.
Earnings per share were 42 pence, versus loss per share of 20 pence last year.
Profit from operations came in at 79.8 million pounds compared with loss of 19.4 million pounds in the prior year.
Investment income came in at 90.5 million pounds compared with loss of 3 million pounds in the previous year.
Further, the Board said shareholder engagement remains constructive and supportive, and the company continues to see attractive investment and realisation opportunities across its portfolio, with strong momentum in strategic M&A and IPO pathways.
The company also said it is well positioned to capitalise on long-term technology trends, maintain capital discipline and drive long-term shareholder value.
Molten Ventures is currently trading, 3.15% higher at 432.60 on the London Stock Exchange.
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