GCP Infrastructure Investments Limited (GCP.L), a British investment trust focused on infrastructure investments, on Thursday reported a decline in total earnings for the first half, amidst a steep fall in net gains on financial assets at fair value through profit or loss.
For the six-month period to March 31, the company recorded total profit and comprehensive income of 0.388 million, or 0.04 pence per share, less than 9.929 million pounds, or 1.14 pence per share in the same period last year. This decline primarily reflects a reduction in loan interest received from solar assets with equity-like exposure.
Net Asset Value per share stood at 102.28 pence as against last year's 107.62 pence per share. Net Assets were 871.7 million pounds, compared with 933.9 million pounds a year ago.
Total operating profit before finance costs plunged to 2.814 million pounds from the prior year's 14.280 million pounds.
Total expenses moved up to 5.711 million pounds from 5.640 million pounds a year ago.
Total income was 8.525 million pounds, down from 19.920 million pounds in 2024. Net gains on financial assets at fair value through profit or loss plunged to 8.542 million pounds from 18.971 million pounds in the previous year.
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