JPMorgan European Smaller Companies Trust plc announced earnings results for the year ended March 31, 2016. For the year, the company reported income from investments of £8,357,000 against £8,427,000 a year ago. Gross return was £77,219,000 against £7,755,000 a year ago. Net return on ordinary activities before finance costs and taxation was £71,917,000 against £2,608,000 a year ago. Net return on ordinary activities before taxation was £71,117,000 against £1,642,000 a year ago. Net return on ordinary activities after taxation was £70,778,000 against £895,000 a year ago. Return per share was 44.20 pence against 0.56 pence a year ago. Net cash inflow from operating activities was £3,408,000 against £713,000 a year ago.