Personal Assets Trust plc (PNL.L) Wednesday reported return before taxation of 51.25 million pounds for the full year compared with loss before taxation of 8.14 million pounds in the previous year, primarily due to gains on investments.
The company had gains on investments held at fair value of 20.82 million pounds compared with loss of 54.98 million pounds last year.
Return for the year was 44.26 million pounds or 12.03p per share compared with 14.29 million pounds or 3.70p per share a year ago.
Investment income, however, declined to 17.46 million pounds from 27.82 million pounds last year.
Total income was 62.54 million pounds, up from 3.82 million pounds in the previous year.
Net asset value per share rose by 1.2 percent from last year.
The company intends to pay an annual dividend of 5.60p per share. Also, in order to meet the investment trust distribution requirements, the Board has decided to pay an additional special dividend of 1.60p per share for the year to 30 April, to be paid in July alongside the first interim dividend of 1.40p per share for the year to April 30, 2025.
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