As always it’s about timing and then time in.
London-based developer and manager of retail infrastructure – Swings to pretax profit of GBP8.2 million in half-year to September 30, from GBP2.6 million loss year-on-year. Net tangible assets per share fell to 106 pence at September 30, down 8% from 115p at March 31. NewRiver is cuts half-year dividend to 3.0p per share, versus 3.4p the year prior. Half-year revenue has drops to GBP31.8 million from GBP33.2 million last year.
13/12/24
Current yield 8.7%
Current NTAV £361.1m Capital £330m