Company News in Brief

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The Independent Online
Grampian TV virtually maintained pre-tax profits at pounds 3.2m for the year to 28 February on slightly better turnover of pounds 20.6m (pounds 20.4m). Earnings per share rose to 14.75p (14.23p). Total dividend is 6.1p (5.5p).

Year ended 31 December

Comac Group edged pre-tax profits ahead to pounds 395,000 (pounds 362,000). Earnings per share slipped to 3.94p (4.05p). Total dividend is 1.5p (nil).

Folkes Group reported a sharp decline in pre-tax profits from pounds 2.5m to pounds 1m. Earnings per share 1.25p (4.93p). Total dividend 1.5p (2.375p).

Laser-Scan Holdings reversed pounds 83,000 taxable loss to make pounds 80,000 pre-tax profit. Earnings per share are 0.5p (loss 0.5p). No dividend.

Year ended 31 March

Scottish Mortgage & Trust's net asset value per share improved to 220.3p (173.7p). Total dividend is 4p (3.9p).

Venturi Investment Trust declared a 1.99p final dividend and lifted total payout to 3.45p (3.26p). Net asset value per capital and income share are 287.87p (244.01p) and 26.36p (25.78p).

Six months to 31 December

Merivale Moore, the property investment company, significantly reduced pre-tax losses from pounds 1.7m to pounds 747,000. Loss per share is cut to 3.66p (7.9p).

Molyneux Estates, the property company, incurred pounds 245,000 (pounds 222,000) pre-tax loss. Loss per share worsened to 1.35p (1.22p). No dividend.

Six months to 31 March

Fleming Japanese IT's net asset value per share rose to 198.7p (139.6p). No dividend.

Majedie Investments is paying an increased dividend of 2p (1.25p). Net asset value per share 204p (171p).

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