According to StockMarketWire.com, Churchill China posts pre-tax profits of £0.8m for the six months to the end of June – 22% up on last time.
Group revenues were stable at £19.2m and basic earnings per share rose 25% to 5.9p and the interim dividend is maintained at 4.8p per share.
Chairman Jonathan Sparey said: “Churchill China has delivered a healthy set of results in the first half of 2012 despite anaemic economic conditions in all of its major geographical markets. We do not anticipate any improvement in these macro-economic conditions in the second half but are confident of continued measured progress based on the robustness of our business model.”
