Montanaro UK Smaller Companies Investment Trust PLC Proposes Final Dividend for the Year Ended March 31, 2017, Payable on August 2, 2017; Announces Audited Earnings Results for the Year Ended March 31, 2017
The company announced audited earnings results for the year ended March 31, 2017. For the year, the company reported total gains on investments at fair value were £22,299,000 against £2,779,000 a year ago. Net return before finance costs and taxation was £24,561,000 against £5,717,000 a year ago. Net return before taxation was £23,789,000 against £4,968,000 a year ago. Net return after taxation was £23,779,000 against £4,965,000 a year ago. Return per ordinary share was 71.0 pence against 14.8 pence a year ago. Net asset value per ordinary share was 631.6 pence as on March 31, 2017 compared to 570.6 pence as on March 31, 2016.