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Annual Results

Daejan pre-tax profits up

12 July 2017 09:08

Pre-tax profits at Daejan Holdings rose to £198.4m in the year to the end of March - up from £173.2m last time.

Total rental and related income from investment property increased to £140.7m from £138.2m.

The group said the revaluation of the investment property portfolio at the year end had resulted in a net valuation surplus for the year of £144,508,000 (2016 - £117,947,000).

The board has recommended a final dividend of 63p per share which would make the total dividend for the year of 98p (2016 - 93p).

At 9:08am: (LON:DJAN) Daejan Holdings PLC share price was +155p at 6330p

Story provided by StockMarketWire.com

Related Company: DJAN

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