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London City Equities Ltd ( (AU:LCE) ) has shared an announcement.
London City Equities Ltd has reported its preliminary final results for the year ended June 2025, showcasing a 45% increase in revenue from ordinary activities and a net profit after tax of $500,000, a significant improvement from the previous year’s loss. The company experienced a 17% decrease in net worth due to realizations in a strong stock market, resulting in a capital gain of $11.3 million, primarily from reducing its holding in Fiducian Group. Legal action is ongoing regarding its investment in Excelsior Capital, with plans to call a shareholder meeting to discuss concerns over investment strategies. The company has increased its dividend payout by 67%, including a special dividend, reflecting its improved financial position.
More about London City Equities Ltd
Average Trading Volume: 1,599
Technical Sentiment Signal: Buy
Current Market Cap: A$26.14M
For an in-depth examination of LCE stock, go to TipRanks’ Overview page.