Half year profits climb at HICL

Investment infrastructure group HICL posted a strong rise in pre-tax profit in the half year ended September 30th, although earnings per share slipped 0.1p to 4.9p.

Investment infrastructure group HICL posted a strong rise in pre-tax profit in the half year ended September 30th, although earnings per share slipped 0.1p to 4.9p.

Revenue profits before tax climbed from £15.7m to £22.0m, capital profit before tax increased from £15.0m to £20.2m, giving a total profit for the year of £42.2m, compared to £30.7m the same period the previous year.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.