The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
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Ten Entertainment Group PLC - ten-pin bowling operator - Swings to a pretax profit of £21.0 million from a loss of £10.8 million in the six months ended June 26. Revenue surges to £63.2 million from £10.6 million. The bowling alley operator says it is ‘delighted’ with the growth as last year it benefited significantly from exceptional sales due to UK ‘staycations’ and the initial pent-up demand from the release of Covid restrictions. Notes record-breaking February and May half-term trading in the half, as well as an ‘exceptional’ Easter. Adds the positive sales trend continued to the end of the first half despite a very hot summer when, traditionally, bowling and other indoor activities aren’t favoured. Declares an interim dividend of 3.0p per share, compared to none a year prior.
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TP Group PLC - Wincanton, England-based consulting, software and engineering company - Posts revenue of £24.3 million in the six months to June 30, up slightly from £23.5 million a year earlier. Pretax loss amounts to £621,000, narrowed from £1.9 million. Says in talks with potential buyer of Westek business continues, and its TPG Services division is operating in line with management expectations.
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Strategic Minerals PLC - London-based exploration and production company - Posts revenue of $1.3 million in the six months to June 30, down 13% from $1.5 million a year earlier. Pretax profit drops to $268,000 from $388,000, reflecting ‘reduced sales in the period’.
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Aurora Investments Trust PLC - investment trust managed by Phoenix Asset Management Partners - Net asset value per share declines by 9.1% to 209.86 pence as at June 30 from 230.90p a year ago. NAV total return amounts to negative 17% in the half-year to June 30, against the FTSE All-Share benchmark’s negative 4.6%.
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