TR European Growth Trust PLC announced unaudited consolidated earnings results for the half year ended December 31, 2014. For the period, the company reported investment income of £964,000 compared to £1,165,000 a year ago. Total loss was £23,862,000 compared to income of £63,061,000 a year ago.

Loss before finance costs and taxation was profit of £25,852,000 compared to £61,153,000 a year ago. Loss before taxation was £26,076,000 compared to profit of £60,925,000 a year ago. Loss for the period was £26,136,000 compared to profit of £60,886,000 a year ago.

Loss per ordinary share (basic and diluted) was 52.30 pence compared to profit of 121.83 pence a year ago. Net asset value per ordinary share as at December 31, 2014 was 590.17 pence compared to 606.32 pence a year ago. Net cash inflow from operating activities was £7,069,000 compared to net cash outflow from operating activities of £3,408,000 a year ago.