On Thursday, AVI Global Trust PLC (AGT.L), a British investment trust, reported a loss for the first half of 2026, compared to a profit last year. The slip to loss was attributable to the significantly wider losses on financial assets and financial liabilities in 2026.
NAV total return for the six months was down 5.0 percent amid the ongoing market volatility mainly due to the Middle East tensions, compared to a 1 percent increase last year.
Loss before tax for the period was 61.70 million pounds, compared to a profit of 9.06 million pounds in the same half a year ago
Loss for the period was 62.61 million pounds, compared to a profit of 4.25 million pounds in 2025.
The loss per share for the six months was 15.29 pence, in comparison with the earnings per share of 0.97 pence in the prior year.
Revenue earnings per share were 2.52 pence, compared to 2.75 pence a year ago.
The losses on financial assets and financial liabilities held at fair value skyrocketed to 76.83 million pounds from loss of 3.37 million pounds a year ago.
Total loss for the period was 59.26 million pounds, in comparison with a profit of 16.04 million pounds a year earlier.
The total investment income went down to 18.93 million pounds from 20 million pounds in the previous year.
Further, the Board of directors of the company has declared the payment of an interim dividend of 1.50 pence per ordinary share for the period, same as last year. The payment will be done to the ordinary shareholders on July 24, on the register at the close of business on June 26.
On the London Stock Exchange, the shares were trading 0.5 percent lower at 260.70 pence.
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