River and Mercantile UK Micro Cap Investment Company Limited announced unaudited earnings results for the first half ended March 31, 2017. For the period, the company reported total income of £22,804,552 compared with £5,370,273 for the same period a year ago. Profit before taxation was £19,800,562 compared with £4,133,729 for the same period a year ago. Profit after taxation and total comprehensive income was £19,800,562 or £0.2890 per basic and diluted share compared with £4,133,729 or £0.0629 per basic and diluted share for the same period a year ago. Net cash used in operating activities was £12,033,111 compared with net cash used in operating activities of £19,547,072 for the same period a year ago. Net asset value per share was £1.5514 compared to £1.2624 a year ago.