Majedie Investments Plc's (MAJE.L) six-month pre-tax profit improved to 7.35 million pounds from 5.61 million pounds, and net profit after tax attributable to equity holders of the company rose to 7.31 million pounds from 5.54 million pounds last year.
Earnings per ordinary share were 14.0 pence, higher than 10.6 pence in the comparable period of 2011.
The Group's net revenue return before tax for the six months to March 31, 2012 was 1.5 million pounds, versus 1.4 million pounds for the prior-year period. The Group said its six-month results include the consolidation of the investment made in the Javelin Capital Emerging Markets Alpha Fund (UCITS), in accordance with IFRS.
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