The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCeiba Investme. Share News (CBA)

Share Price Information for Ceiba Investme. (CBA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 28.00
Bid: 24.00
Ask: 32.00
Change: 0.00 (0.00%)
Spread: 8.00 (33.333%)
Open: 28.00
High: 28.00
Low: 28.00
Prev. Close: 28.00
CBA Live PriceLast checked at -
Ceiba Investments is an Investment Trust

To provide a regular level of income and substantial capital growth through investment in, and management of, a portfolio of Cuban real estate assets, with a focus on the tourism-related and commercial property sectors.

Find out More

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS UPDATES: Andrews Sykes profits from heat; Ceiba bets on Cuba

Wed, 28th Sep 2022 12:44

(Alliance News) - The following is a round-up of earnings reports by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

----------

Andrews Sykes Group PLC - Wolverhampton-based heating and air-conditioning firm - Profits from hot summer in the UK and Europe. Pretax profit in the six months to June 30 rises 13% to GBP8.5 million from GBP7.6 million a year prior. Revenue climbs 6.2% to GBP37.9 million from GBP35.7 million, but cost of sales grows by just 1.8% to GBP15.3 million from GBP15.1 million. Declares 11.90 pence per share interim dividend, unchanged from a year ago. Announces 16.60p special dividend as well, versus none a year ago, but 30% lower than 23.70p two years ago. "The second half of the year has started resiliently with record temperatures in the UK and Europe positively impacting demand for the group's air conditioning units and chillers. This increased summer demand leads management to be optimistic over the full year results. In the longer term, management remains optimistic that the business will continue to improve but are mindful of the current economic climate and the impact that heightened energy prices, inflation and recession risk can pose to the business and customer demand," Chair Jacques Murray says.

----------

Ceiba Investments Ltd - investment firm dedicated to investing in Cuba, with interests in the commercial and tourism real estate sectors - Net asset value at June 30 falls 3.4% to USD1.12 per share from USD1.16 at December 31, 2021. NAV total return is negative 3.5%, improved from negative 7.3% a year prior. "The outlook is good for the remainder of this year and into 2023 when Cuba's tourism industry is expected to complete its full return to normal conditions," Ceiba states.

----------

Oriole Resources PLC - gold exploration company focused on Cameroon and Senegal - Pretax loss in the half-year to June 30 narrows to GBP392,000 from GBP871,000 a year prior. Reports GBP191,000 in other gains, versus a loss of GBP196,000. Chief Executive Officer Tim Livesey touts advancements in Cameroon and Senegal. Commenting on diamond drilling in Bibemi, north-eastern Cameroon, he says: "The diamond drilling campaigns at Bibemi have been a great success, with the majority of holes intersecting orogenic-type gold mineralisation and providing depth continuity to the multiple targets identified within the 12 kilometre-long surface expression".

----------

Proton Motor Power Systems PLC - Newcastle-based producer of hydrogen fuel cells and electric hybrid systems - Operating loss in the six months that ended June 30 widens by 28% to GBP5.0 million from GBP3.9 million a year ago. Revenue grows 6.3% to GBP980,000 from GBP922,000. Administrative expenses increase by 29% to GBP5.4 million from GBP4.2 million a year ago. Company is confident in its medium-term outlook, Chair Helmut Gierse says.

----------

Roebuck Food Group PLC - Newry, Northern Ireland-based protein and product sourcing company - Swings to profit as revenue grows. Pretax profit in the half-year to June 30 stands at GBP196,000 compared to loss of GBP278,000 a year prior. Revenue climbs 14% to GBP12.5 million from GBP11.0 million, while cost of sales increase by 10% to GBP12.2 million from GBP10.9 million. Commenting on its dairy division, where pricing was up 32% on 8.4% more sales, firm says: "We expect a strong performance for the full year, mainly driven by higher dairy prices but also consistent performance across our main operating key performance indicators for production, pasture and animal health".

----------

By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
3 May 2024 13:39

TRADING UPDATES: Kelso raises stake in NCC; Transense joins project

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and Tuesday and not separately reported by Alliance News:

Read more
3 Nov 2023 10:57

DIRECTOR DEALINGS: Avation exec chair sells; CAB risk chief buys

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News:

Read more
29 Sep 2023 19:31

EARNINGS: Ceiba celebrates NAV rise; Golden Rock suffers losses

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
4 Jul 2023 16:42

IN BRIEF: Ceiba completes process to internalise investment management

Ceiba Investments Ltd - Investment firm dedicated to investing in Cuba, with interests in the commercial and tourism real estate sectors - Says process to internalise investment management arrangements completed on Friday last week, further to announcement in late April. From Saturday, the company was no longer managed by abrdn Fund Managers Ltd as the company's alternative investment fund manager and will now operate as a self-managed alternative investment fund.

Read more
27 Apr 2023 17:02

TRADING UPDATES: Ceiba net asset value down, up for Asia Dragon Trust

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
29 Apr 2022 19:34

TRADING UPDATES: Aurora Investment Trust beats annual benchmark

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
22 Feb 2022 21:57

TRADING UPDATES: Angling Direct ups revenue; Ceiba takes Omicron hit

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
1 Oct 2021 11:53

EXECUTIVE CHANGES: Ryanair taps Kingspan CFO; new Informa non-execs

EXECUTIVE CHANGES: Ryanair taps Kingspan CFO; new Informa non-execs

Read more
28 Sep 2021 12:56

EARNINGS UPDATES: Digitalbox swings to profit; Itaconix revenue up 26%

EARNINGS UPDATES: Digitalbox swings to profit; Itaconix revenue up 26%

Read more
28 Apr 2021 16:35

TRADING UPDATES: LSL Property profit surges despite lower revenue

TRADING UPDATES: LSL Property profit surges despite lower revenue

Read more
14 Apr 2021 19:23

TRADING UPDATES: Distil expects solid annual growth, revenue up 48%

TRADING UPDATES: Distil expects solid annual growth, revenue up 48%

Read more
16 Dec 2020 16:26

IN BRIEF: Ceiba Investments Expects Rise in Income In 2020

IN BRIEF: Ceiba Investments Expects Rise in Income In 2020

Read more
26 Nov 2020 16:11

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
29 Sep 2020 15:50

UK EARNINGS SUMMARY: Trans-Siberian Profit Down On Covid-Related Costs

UK EARNINGS SUMMARY: Trans-Siberian Profit Down On Covid-Related Costs

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.