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Frenkel Topping annual profit up 25% as AUM grows
StockMarketWire.com
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Financial services firm Frenkel Topping reported that annual profit rose by a quarter as asset management grew 13%.
For the 12 months ended 31 December 2020, pre-tax profit was up 25% to £1.5 million year-on-year as revenue grew 19% to £10.2 million.
Assets under management was up 13% to £1,012 million year-on-year as
Total dividends were up 1% to 1.36 pence per share.
'The year has begun robustly giving cause for optimism for the remainder of the year,' the company said.
At 8:29am: (LON:FEN) Frenkel Topping Group PLC share price was 0p at 43p
Story provided by StockMarketWire.com
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