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Jarvis Securities 1H Pretax Profit GBP0.8M On Revenue GBP2.5M

Thu, 29th Jul 2010 07:36

LONDON (Dow Jones)--Jarvis Securities PLC (JIM.LN), an investment services company, said Thursday that for the six months ended June 30, it made a pretax profit of GBP0.8 million on revenue of GBP2.5 million. MAIN FACTS: -Revenue GBP2.5 million (2009: GBP2.3 million) -Pretax profit GBP0.8 million (2009: GBP1.1 million) -Earnings per share 5.21 pence (2009: 7.02 pence) -Average daily trade volumes up 62% on the first six months of 2009 -Client numbers up 68% on June 30, 2009 -Client cash balances up 58% on June 30, 2009 -Revenue up 10% and profit before tax of GBP0.8 million. -Revenue excluding interest turn up 20% on six months ended June 30, 2009 -Third interim dividend of 2 pence per ordinary share declared -Profit before tax margin 33% (2009: 47%) -Return on capital employed 112% (2009: 162%) -Shares closed Wednesday at 120.0 pence. By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; iain.packham@dowjones.com (END) Dow Jones Newswires July 29, 2010 02:36 ET (06:36 GMT)

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