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The following is a round-up of earnings and trading updates for London-listed companies, issued on Thursday and not separately reported by Alliance News: ---------- Anglo Asian Mining PLC - Azerbaijan-focused gold, copper and silver miner - Swings to pretax profit of $7.1 million for the six months that ended June 30, from a loss of £5.5 million the year before. Revenue more than triples to $40.9 million from $13.4 million, with total production also more than tripling to 16,378 gold equivalent ounces from 5,270 ounces a year prior. Gold bullion sales are 63% higher on-year at 9,781 ounces from 6,000 ounces, sold at an average gold price of $3,077 per ounce, up 42% from $2,174 a year earlier. Copper concentrate sales rise to $10.4 million from $500,000, reflecting the increasing proportion of copper within the group’s total production. The firm declares no interim dividend. ‘In line with our growth strategy, during 2025 so far, we have started production at two new mines, Gilar and Demirli,’ says Chief Executive Officer Reza Vaziri. ‘These are important milestones in the execution of our growth strategy and in Anglo Asian’s history, as we transition to a mid-tier producer with copper as our dominant product. The team continues to make strong progress across our portfolio, and we remain committed to delivering value for our shareholders.’ ---------- InvestAcc Group Ltd - London-based pensions services provider - Pretax loss widens to £3.2 million in the six months to June 30, from £2.2 million a year prior. Revenue totals £6.0 million, up from none the year before, while administrative expenses multiply more than three times higher to £8.6 million from £2.8 million. Earnings before interest, tax, depreciation and amortisation fall 26% to £1.3 million from £1.8 million. InvestAcc says organic revenue growth was up 20% to £6.0 million from £5.0 million, driven by ‘sustained demand’ for core pension administrative services, with 22% on-year organic growth in the number of self-invested personal pensions. The firm expects to complete its acquisition of AJ Bell’s platinum SIPP and SSAS business on November 3. ‘We believe favourable market dynamics continue to support our approach, positioning us well to maintain our momentum into the second half of the year,’ says Chair Mark Hodges. ---------- Global Connectivity PLC - Isle of Man-based investment firm within the communication services sector - Swings to pretax loss of £7.7 million in the six months to June 30, from a profit of £9.4 million the year before. This is driven by a £7.6 million net loss on financial assets at fair value, against a £9.5 million gain a year earlier. Total assets at June 30 are £4.9 million, down from £12.6 million at December 31 and £17.2 million the year before. Global Connectivity ‘remains committed to a prudent investment policy aligned with its strategic objectives and fiscal responsibility,’ the company says. ---------- Great Western Mining Corp PLC - Nevada-focused gold, silver and copper explorer - Pretax loss widens to €485,232 in the six months that ended June 30, from €441,343 a year earlier, as administrative expenses rise 9.8% to €486,576 from €443,005. ‘We are pleased with the strong progress across our portfolio during the course of this year, with copper, gold, silver and tungsten projects all moving forward in line with our strategy,’ says Chair Brian Hall. ‘Drilling operations due to start in the next few weeks will mark important steps in unlocking the scale and potential of our assets, whilst our tungsten prospects highlights the growing relevance of our work in the global critical minerals supply chain. There is strong US demand for a secure domestic supply of critical minerals and I am confident in our ability to play a role in this chain.’ ---------- Intuitive Investments Group PLC - Manchester, England-based investor in technology and life science firms - Says Hui10 Inc, its largest investment, has signed a cooperation deal agreement with Sichuan Shuijingfang Co Ltd, a baijiu brand in China and majority-owned subsidiary of beverage firm Diageo PLC. Hui10 and Shuijingfang will introduce Sports Lottery HongBao promotions through Shuijingfang’s retail presence and online mini programmes. Shuijingfang’s products will be sold through Hui10’s ‘Cai Le Tian Xia’ private-domain lottery commerce platform, and the firms will jointly develop ‘exclusive’ baiju products. ‘It demonstrates Hui10’s ability to commercialise its technology through partnerships with global consumer brands and aligns perfectly with our mission to scale engagement and monetisation via digital lottery systems,’ says Chief Executive Officer Giles Willits. ---------- Mercia Asset Management PLC - alternative asset manager focused on regional UK small and medium enterprises - Reports a ‘positive start’ to its current financial year, and says it is ‘well placed to continue to deploy capital across its fund portfolios, by supporting both existing portfolio companies, as well as adding new investments, as a result of our continuing significant liquidity and wide ranging deal flow networks’. The group remains debt-free and maintains an ‘excellent’ cash position at around £35 million currently. Mercia has to date completed around 32% of its ongoing £3.0 million share buyback, and is ‘optimistic for continuing profitable progress in the second half of the financial year’, which is due to end March 31, 2026. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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