Company News in Brief

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Six months to 30 September

Quiligotti, floor-tiles maker and supplier, reduced pre-tax losses by two-thirds from pounds 646,000 to pounds 228,000, helped by a sharp cut in the cost of rationalisation. The rescheduling of some projects caused turnover to drop to pounds 8.45m ( pounds 10m). No dividend.

Erskine House, the office equipment supplier, fell to pounds 4.7m ( pounds 6.7m) pre-tax profit. Interim dividend is held at 2.3p.

Cape, the fire protection and building products maker, saw pre- tax profits decline to pounds 6.5m ( pounds 7.2m), despite a rise in turnover to pounds 127.9m ( pounds 97.8m). Interim dividend is held at 3p.

Mountview Estates rose to pounds 3.6m ( pounds 3.5m) pre-tax profit. It kept the interim dividend unchanged at 8p.

Tops Estates declared a higher interim dividend payout of 0.5775p (0.55p) despite a fall in pre-tax profits from pounds 1.3m to pounds 918,000.

Alba, the audio, television and video maker, edged ahead to pounds 1.2m ( pounds 1.16m) pre-tax profit. Interim dividend is held at 1p.

Caffyns, the motor vehicle trader, experienced a slowdown in pre-tax profits from pounds 297,000 to pounds 102,000 on lower sales of pounds 61.5m ( pounds 68.8m). Interim dividend is 5p.

Porter Chadburn, the computer leisure products and packaging group, plunged to a pounds 5.25m loss ( pounds 2.9m profit). Turnover rose to pounds 63.05m ( pounds 51.4m). Interim dividend is held at 0.85p.

Rowlinson Securities, the property developer and builder, lifted pre-tax profits to pounds 515,000 ( pounds 503,000). Interim dividend is held at 0.24p.


Harrison Industries, supplier of fuel oils, petrochemical additives and office ceiling and lighting products, reduced pre-tax losses from pounds 594,000 to pounds 455,000 in the half-year to 30 June. No dividend.

London & Provincial Shops Centres, the property investor and developer, plunged to a pounds 4.4m pre- tax loss ( pounds 907,000 profit) in the year to 30 June. No dividend.

Jupiter European Investment Trust is to pay a first-quarter dividend of 0.5p on 31 December for the year ending 31 August 1993.