Santumas Shareholdings plc - Interim Results

On 23 December 2024, Santumas Shareholdings plc published its interim financial statements for the six-month period ended 31 October 2024.

Investment income rose to a record (at the interim stage) €0.53 million compared to the €0.19 million figure generated in the comparable period last year driven by the higher income from dividends and concession rights.

Santumas Shareholdings also registered a €0.51 million increase in fair value of its financial assets, which is more than double the increase of €0.23 million in the comparable six-month period last year.

Overall, Santumas Shareholdings reported a pre-tax profit of €0.96 million. After accounting for a tax charge of €0.11 million, the company posted a net profit of €0.85 million compared to the net profit of €0.27 million recorded in the six months ended 31 October 2024.

The condensed Statement of Financial Position as at 31 October 2024, when compared to the corresponding figures as at 30 April 2024, shows that total assets increased by 6.2% (or €0.85 million) to €14.5 million. Meanwhile, total liabilities remained practically unchanged at €0.91 million. Overall, total equity rose by 6.7% (or €0.85 million) to €13.6 million, which translates into a net asset value per share of €1.832 (30 April 2024: €1.746).