JPMorgan European Smaller Companies Trust plc announced earnings results for the year ended March 31, 2019. For the year, the company’s loss on investments held at fair value through profit or loss was GBP 57,332,000 against gain of GBP 82,036,000 a year ago. Gross loss was GBP 42,689,000 against profit of GBP 97,386,000 a year ago. Net loss on ordinary activities after taxation was GBP 51,794,000 against profit of GBP 88,848,000 a year ago. Loss per share 32.40 pence compared to profit of 55.53 pence a year ago.