Scholium (GB:SCHO) has released an update.
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Scholium Group PLC has reported a steady increase in year-end profits and revenue, with a 2% revenue rise to £9.3 million and a notable 30% jump in profit before tax to £300k. The group, which specializes in rare books and fine art, has seen its net asset value per share increase and has continued its profitable trend into the new financial year. Amidst a challenging global economic landscape, Scholium expresses cautious optimism for the future, driven by strategic initiatives including new hires, expansion into new markets, and proactive acquisition of book and art collections.
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