|
Utilico Emerging Markets Trust PLC - invests in listed infrastructure and utilities in emerging markets - Net asset value per share is 285.06 pence on September 30, the end of the company’s financial first half, up 11% from 257.28p on March 31. Including dividend payments, half-year NAV total return is 13%. Utilico Emerging Markets pays 4.75 pence in dividends in the first half, up 6.0% from 4.48p a year before. Earnings per share in the half-year are 31.46p, consisting of 23.31p in capital earnings and 8.15p in revenue earnings. This compares to loss per share of 4.42p a year before, consisting of 10.96p in capital losses and 6.54p in revenue earnings. Total gross assets on September 30 are £536.6 million, up 7.9% from £497.4 million a year before. ‘We continue to be positive on the long-term outlook for emerging markets as the international economic order is realigning, which better reflects the growing economic weight of emerging markets in the global economy,’ says Chair Mark Bridgeman. ‘Notwithstanding question marks arising around US exceptionalism, in the short term a slow down in global growth on the back of US tariffs remains a concern, particularly as China’s economic recovery remains sluggish and partially obscured by the AI euphoria currently being reflected in the market.’ Current stock price: 261.23 pence 12-month change: up 26% Copyright 2025 Alliance News Ltd. All Rights Reserved.
|