tiprankstipranks
Trending News
More News >

London City Equities Reports Strong Net Worth Growth and Strategic Adjustments

Story Highlights
London City Equities Reports Strong Net Worth Growth and Strategic Adjustments

Elevate Your Investing Strategy:

London City Equities Ltd ( (AU:LCE) ) has issued an update.

London City Equities Ltd has reported a significant increase in net worth for the year ending June 2025, with a 14.8% gain in net worth, surpassing the ASX All Ordinaries Index’s 9.5% rise. The company realized a capital gain of $11.3 million from reducing its shareholding in Fiducian Group Limited, which had a notable performance increase of 30.8%. However, its investment in Excelsior Capital Limited has been disappointing, with no change in share price for eighteen months and ongoing legal proceedings. The company has reintroduced its Dividend Reinvestment Plan.

More about London City Equities Ltd

Average Trading Volume: 1,474

Technical Sentiment Signal: Buy

Current Market Cap: A$26.14M

Find detailed analytics on LCE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1