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The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday, Thursday and Friday, and not separately reported by Alliance News: ---------- Hercules PLC - Cirencester, England-based labour supply company for the UK infrastructure and construction sectors - Reports ‘record’ revenue of £59.2 million for the first half-year ended March 31, up 8.4% from £54.6 million the year before. Adjusted earnings before interest, tax, depreciation and amortisation fall to £1.7 million from £2.6 million. Company says: ‘Delays in a number of large infrastructure project starts had an impact in H1 FY2026, and the employers’ NIC increase had an effect on margins.’ Hercules swings to a pretax loss of around £700,000 from a £1.1 million profit. Recurring administrative expenses increase 31% to £7.2 million from £5.5 million. Hercules will not pay an interim dividend, having paid a 0.6p one for the prior year, due to its ‘commitment to systems development and enhancements to support the continued growth of the business.’ Notes that its performance is usually weighted towards the second half. Non-Executive Chair Henry Pitman states: ‘The backdrop for UK infrastructure investment is the strongest it has been for a generation, and our management team is focused on converting that opportunity into profitable, controlled growth.’ ---------- Richmond Hill Resources PLC - London-based holding company focused on copper exploration in Canada - Reports on Thursday its first-half results for the six months ended March 31. Says its acquisition of the Martello Gold Project in Ontario, Canada, was the ‘centrepiece’ of the period. Also notes the continued advancement of its Saint-Sophie Project in Quebec, and that it completed its maiden diamond drilling programme at Martello in mid-April. Richmond Hill, which remains non-revenue generating, reports a pretax loss of £588,000 for the half-year, widened from £73,000 the year before. Total administrative expenses comprise £191,000 in one-off share-based payments, £151,000 in expenses paid in shares, up from £18,000, and other administrative expenses totalling £246,000 from £54,000. Looking ahead, Richmond Hill says its near-term priority is receiving and interpreting assay results from the Martello maiden drilling programme. ---------- ProVen Growth & Income VCT PLC and Proven VCT PLC - venture capital trusts - Report their final results for the year ended February 28, on Wednesday. ProVen Growth & Income reports a 47.5 pence per share net asset value as of the year end, down from 50.2p one year prior. Proposes final dividend of 1.3p per share for the year, bringing the total payout to 2.55p per share. Proven VCT says its NAV per share is 60.5p at February 28, down from 62.9p. Proposes 1.6p final dividend, bringing the annual total to 3.1p per share. ---------- JPMorgan Asia Growth & Income PLC - investor in Asia-Pacific entities - Reports NAV total return of plus 7.1% for the six months ended March 31, outperforming a plus 5.2% return from the MSCI AC Asia ex Japan Index. Its three-year and five-year cumulative NAV total returns also outperform the benchmark. Says it has outperformed the benchmark on an NAV basis in seven of the last 10 financial years. Dividends for the period total 14.3p per share, up from 8.3p the prior year. Says notable positive contributors to its portfolio included SK Inc due to an ‘improved capital allocation,’ and Samsung Electronics Co, ‘which successfully transitioned into the high-bandwidth memory segment of the market.’ Chair Richard Stugg says the Middle East conflict ‘is likely to have a sustained impact on Asian economies, particularly those such as India and South Korea which rely heavily on energy imports.’ However, he adds that ‘there are reasons to believe both that Asia remains well placed to benefit from the AI revolution and that governance reforms and the current level of valuations are likely to lead to enhanced shareholder returns over time.’ ---------- Empyrean Energy PLC - oil and gas explorer with interests in Australia, Indonesia, and the US - Updates on progress at the Duyung PSC and the Mako Gas Field in Indonesia. Says Conrad Asia Energy Ltd’s majority-owned subsidiary, West Natuna Exploration Ltd, has executed a binding contract with PT Pertamina Drilling Services Indonesia, for the provision of a jack-up drilling rig to support the development of the Mako Gas Field. Says the contract has a firm period of 180 days, with options to extend, at a competitive market day rate consistent with prevailing regional conditions. ‘This is the moment Empyrean shareholders have been waiting for. A binding rig contract is not a plan - it is a commitment, and it signals to the market that the Mako Gas Field is moving to drill,’ comments Empyrean CEO & Technical Director Gaz Bisht. ‘We have a world-class discovered gas resource, a contracted jack-up rig, a clear development programme of six wells, and a pathway to market through established Indonesian domestic gas infrastructure. The remaining work is execution. With over $320 million of development capital underpinned by a contracted drilling schedule and a Q2 2027 commencement date, I am confident that Mako will deliver the value this asset has always promised. Today is a good day for Empyrean.’ ---------- Iofina PLC - Colorado-headquartered iodine exploration and production company - Signs a deal with a new brine water supply partner to provide additional brine water to its ’IO#11’ IOsorb plant in Central Oklahoma, where operations commenced in July and which Iofina says has sufficient installed capacity to process the additional brine volumes and extract iodine from the new source. This means two independent brine supply partners will be servicing the plant, with Iofina and the new partner building a pipeline system to transport the water and return the brine for disposal. Expects the extra brine water to increase crystalline iodine production between 45 and 65 metric tonnes annually, once the site is fully operational. Iofina will fully fund the project financing of approximately $1.5 million, saying it ‘anticipates a rapid payback on this investment,’ which will increase IO#11’s annual production by around 50%. ‘The board believes this agreement represents a highly efficient growth opportunity that leverages existing assets and infrastructure while enhancing the long-term production profile of the Central Oklahoma facility,’ Iofina says. ---------- Alina Holdings PLC - Warminster, England-based real estate investment trust - Announces, on Wednesday, the completion of the sale of its Bristol premises for £1.1 million. Also says it has agreed in principle to sell its remaining property in Hastings. Says it is in advanced discussion with two national hospitality chains to take occupation of the vacant commercial space. ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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