FW Thorpe Plc. (TFW.L), a Manufacturer of electric lighting equipment, Thursday announced that pre-tax profit came in higher in the interim results for the first six-months ended December 31, compared with the last year.
Shares of FW Thorpe are increasing in the open market.
In the first half year, pre-tax income increased to GBP 11.2 million from GBP 10.7 million last year.
Net income for the period came in higher at GBP 8.98 million from GBP 8.57 million in the previous year.
Earnings per share also increased to 7.65 pence versus 7.31 pence in the prior year.
Revenue rose to GBP 83.77 million from GBP 82.59 million last year.
The Board has approved an interim dividend of 1.76 pence per share, an increase of 3.5 percent from 1.70 pence in 2024.
The interim dividend will be paid on April 17, to shareholders registered by March 21. The shares will go ex-dividend on March 20.
FW Thorpe is currently trading, 4.19% higher at 312.58 pence on the London Stock Exchange.
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