22 Mar 2023
City Of London Investment Group (CLIG): Solid results in volatile markets
City of London has announced its interim results for 1H’23. The headline figures were in line with those from the January trading statement. As previously indicated, weak markets meant that results were down on the year before. Gross revenue of £28.7m was 9% down, from £31.4m in 1H’22. Underlying earnings after tax were £8.99m, a decline of 25% from the previous year (note that these no longer need to be adjusted for part-years of Karpus). Underlying EPS of 18.4p represented a decline by the sam ....
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
City Of London Investment Group (CLIG): Solid results in volatile markets
City of London Investment Group PLC (CLIG:LON) | 338 33.9 3.1% | Mkt Cap: 171.5m
- Published:
22 Mar 2023 -
Author:
Brian Moretta -
Pages:
8
City of London has announced its interim results for 1H’23. The headline figures were in line with those from the January trading statement. As previously indicated, weak markets meant that results were down on the year before. Gross revenue of £28.7m was 9% down, from £31.4m in 1H’22. Underlying earnings after tax were £8.99m, a decline of 25% from the previous year (note that these no longer need to be adjusted for part-years of Karpus). Underlying EPS of 18.4p represented a decline by the sam ....