Company News in Brief

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Filofax Group, the personal organiser company, reported pre- tax profits of pounds 552,000 for the 15 months to 31 March, against pounds 1.55m pre-tax loss for the previous 12 months ending 31 December 1990, helped by a strong international market for its ring binder organisers. Final dividend is 0.5p.

Hill & Smith Holdings, the engineering group, halved pre-tax profits to pounds 1.2m ( pounds 2.4m) in the six months to 31 March. Interim dividend is held at 2.1p.

Bexbuild Developments, the property trader, slumped to pounds 133,000 ( pounds 622,000) pre-tax profit in the year to 31 March. Final dividend is 1.7p, making 2.7p (2.5p).

Bristol Scotts, the leisure and property group, cut pre-tax losses to pounds 562,000 ( pounds 770,000) in the year to 31 December. No dividend.

First Technology made pounds 639,000 pre-tax profit in the year to 30 April compared with pounds 3m pre-tax loss previously. No dividend (1p).

Green Property lifted pre-tax profits to just over Ir pounds 1m (Ir pounds 847,000) in the six months to 30 June. Interim dividend is held at Ir1.2p.

Elbief, the handbags maker, deepened pre-tax losses to pounds 451,000 (loss pounds 29,000) in the year to 30 April. No dividend.

Derby Trust's net asset value per share stood at 339p at the end of the six months to 30 June. Interim dividend is 8.2259p (8.3429p) per income share.

Contra-Cyclical's net asset per share improved from 1p to 3.7p per income share in the three mmonths to 30 June. Dividend is 2.25p.

The Independent Investment Company raised net asset value per share to 60.11 (54.8p) per share in the year to 30 June. Final dividend is 0.5p (0.45p).

Drayton Far Eastern Trust's net asset value fell to 90.7p (96.3p) in the six months to 30 June. Interim dividend is held at 0.125p.

Illingworth Morris, the wool and fibres processor, fell to pounds 1.4m ( pounds 4.3m) pre-tax profit for the year to 31 March. No dividend.

Fleming Fledgling Investment Trust declared an unchanged dividend of 1p for the six months to 30 June. Net asset value is 260.4p (254.7p).

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