London Finance & Investment (GB:LFI) has released an update.
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London Finance & Investment Group PLC announced a year-end increase in net assets to £22,343,000 and a total dividend of 1.2p per share for 2024. Despite a decrease in the value of their General Portfolio by 9.4%, the company recorded an operating profit of £3,830,000 and a significant return of capital from its restructuring of Western Selection. The Board has recommended a final dividend of 0.60p per share, reflecting confidence in the long-term potential of their diverse investment portfolio.
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