JPMorgan European Investment Trust plc (JETG.L) Tuesday reported a profit in its full year.
Net return on ordinary activities after taxation for the period was 43.64 million pounds, compared to loss of 41.07 million pounds same period last year.
Income share was 16.80 pence per share versus loss of 7.35 pence per share last year, while Growth share was 33.98 pence per share versus loss of 34.53 pence per share prior year.
Net return on ordinary activities before tax stood at 44.55 million pounds versus loss of 39.99 million pounds year ago.
Gross return for the year went to 48.95 million pounds from loss of 37.89 million pounds same period last year.
Income from investments came down to 10.57 million pounds from 12.47 million pounds in the year ago period.
The company said its board declared dividend of 5.95 pence and it is confidence that group shares remain a solid source of present and future value.
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