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Annual Results

Daejan Holdings pre-tax profits up

08 July 2015 08:33

Daejan Holdings posts a pre-tax profit of £271,940,000 for the year to the end of March - up from £164,505,000 in 2014.

Net rental and related income from investment property rose to £58,935,000 from £43,413,000.

The company said the revaluation of the investment property portfolio at the year end resulted in a net valuation surplus for the year of £229,722,000 (2014 - £119,648,000). The board has recommended a final dividend of 53p per share payable on 13 November to shareholders on the register on 16 October 2015. This will make a total dividend for the year of 88p (2014: 82p).

At 8:33am: (LON:DJAN) Daejan Holdings PLC share price was +235p at 6025p

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