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CITY OF LONDON INVESTMENT GROUP PLC HALF YEAR RESULTS TO 31ST DECEMBER 2024 AND DIVIDEND DECLARATION
City of London (LSE: CLIG) announces that it has today made available on its website, https://www.clig.com/, the Half Year Report and Financial Statements for the six months ended 31st December 2024.
About this update from City Of London Investment Group Plc
[{"type":"text","content":"LONDON, Feb. 25, 2025 /PRNewswire/ -- City of London (LSE: CLIG) announces that it has today made available on its website, https://www.clig.com/, the Half Year Report and Financial Statements for the six months ended 31st December 2024.","length":237,"tagName":"p"},{"type":"text","content":"The above document will be uploaded to the National Storage Mechanism, in accordance with UKLR 6.4.1R, and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.","length":206,"tagName":"p"},{"type":"text","content":"HALF YEAR SUMMARY ","length":17,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Funds under Management (FuM) of $9.9 billion at 31st December 2024. This compares with $10.2 billion at the beginning of this financial year on 1st July 2024 and $9.6 billion at 31st December 2023","length":196,"tagName":"p"}]},{"val":[{"type":"text","content":"FuM at 31st January 2025 of $10.1 billion","length":41,"tagName":"p"}]},{"val":[{"type":"text","content":"Net fee income representing the Group's management fees on FuM was $35.3 million (31st December 2023: $32.2 million)","length":120,"tagName":"p"}]},{"val":[{"type":"text","content":"Underlying profit before tax* was $15.2 million (31st December 2023: $13.3 million). Profit before tax was $12.6 million (31st December 2023: $11.1 million)","length":156,"tagName":"p"}]},{"val":[{"type":"text","content":"Maintained interim dividend of 11p per share (31st December 2023: 11p) payable on 3rd April 2025 to shareholders on the register on 7th March 2025","length":146,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":659,"olType":false},{"type":"text","content":"*This is an Alternative Performance Measure (APM). Please refer to the CEO review for more details on APMs.","length":107,"tagName":"p"},{"type":"text","content":"For access to the full interim report, please follow the link below:","length":68,"tagName":"p"},{"type":"text","content":"http://www.rns-pdf.londonstockexchange.com/rns/2739Y_2-2025-2-24.pdf","length":68,"tagName":"p"},{"type":"text","content":"This release includes forward-looking statements, which may differ from actual results. Any forward-looking statements are based on certain factors and assumptions, which may prove incorrect, and are subject to risks, uncertainties and assumptions relating...