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The following is a round-up of earnings for London-listed companies, issued on Friday and Monday and not separately reported by Alliance News: ---------- Indus Gas Ltd - oil and gas exploration and development in India - Pretax profit rises 55% to $1.9 million in the half year that ended September 30 from $1.2 million a year before, as revenue jumps by 71% to $4.0 million from $2.3 million. Indus says it continues to await the extension of its production sharing contract by the government of India. It also calls a general meeting of shareholders for January 8 to approve the de-listing of its shares from the AIM market in London. If approved, the cancellation would be effective from January 23. Indus has been listed on AIM since 2008. Indus says there is a ‘lack of access to capital’, and it has a limited free float. Indus says liquidity of its shares is low and it notes the ‘listing and compliance costs’. Gynia Holdings Ltd, which owns just under an 83% stake in Indus, supports the move. ---------- WH Ireland Group PLC - London-based wealth-manager - Releases interim results on Friday that are in line with its trading statement earlier in December. Suffers £893,000 pretax loss in the six months that ended September 30, narrowed from £1.2 million a year before. Group revenue falls to £4.1 million from £8.5 million, partly due to the removal of WH Ireland’s Capital Markets business. Within the ongoing Wealth Management business, revenue falls 21% to £4.2 million, as previously reported, from £5.3 million. Late in November, WH Ireland agreed to a £12.7 million takeover offer from Team PLC. WH Ireland says completion of the deal is expected by the end of the first quarter next year. ---------- Mineral & Financial Investments Ltd - Cayman Islands-based investor in mining companies - Net asset value per share is 34.5 pence on June 30, the end of its financial year, up 19% from 29.1p a year before. Total NAV is £13.7 million, up 20% from £11.4 million. Says 2024 appears to have been the ‘turning point’ for mineral commodity prices and the mining sector, though the weak dollar of late has hurt, as most commodities are priced in dollars. Mineral & Financial says its overweighting of gold investments drove its financial 2025 performance as the spot gold price rose 42% over the course of the year. Calls annual general meeting for January 19. ---------- Catalyst Media Group PLC - London-based provider of content and production services to betting industry - Reports pretax profit of £358,620, up from £251,685 a year before. Revenue remains insubstantial at £25,000. Profit is primarily from its share of profit of an equity-accounted associate, which rises to £472,215 from £386,768. The associate is Sports Information Services (Holdings) Ltd, in which Catalyst has a 20.5% stake. For its own financial year that ended March 31, SIS reported pretax profit of £3.0 million, down from £4.6 million the year before, on £190,519 in revenue, down from £234,117. However, profit after tax rises to £2.3 million from £1.9 million. Catalyst calls its AGM for January 30. ---------- Mirriad Advertising PLC - London-based provider of virtual product placement - Says revenue in the second half of 2025 is about £200,000, about the same as in the first half, so annual revenue will be about £400,000. Says the ‘vast majority’ of its revenue in the second half came from the Rest of World region outside the US. Cash is about £1 million on November 30, and Mirriad expects to receive a £350,000 tax credit ‘shortly’. The company’s cost base has been reduced to about £220,000 per month. Mirriad will provide a full-year trading update at the start of January. ---------- Mendell Helium PLC - Perth, Scotland-based helium producer - Pretax loss is £526,000 in the six months that ended September 30, the first half of its financial year, widened only slightly from £506,000 a year before. Has no revenue, compared to £169,000 a year before, but administrative expenses are a little lower and it books a net finance gain instead of expense. Looking ahead, Mendell Helium says its focus is on completing its move to AIM as part of the reverse takeover of M3 Helium, ‘one of very few companies that is producing and selling helium’. Mendell comments: ‘This very valuable gas, with no known substitute, has understandably driven commercial and investor attention in recent years.’ ---------- Defence Holdings PLC - London-based defence technology firm - Says it ‘continues to gather momentum’. For the six months that ended September 30, Defence Holdings generates no revenue and reports a pretax loss of £3.7 million. In the 18 months to March 31, it reported revenue of £4.3 million and a pretax loss of £1.0 million. ‘With two sovereign-AI programmes progressing toward deployment, deepening integration with global technology partners, a strengthened balance sheet, and senior leadership capacity being reinforced, the company remains well positioned to convert capability into sustained operational and commercial value across mission-critical defence programmes,’ the company says. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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