Trident Estates reports improved profit

The MSE Equity Price Index decreased by 0.09% to 3,789.869 points as the declines in APS, BOV, BMIT, MIA, MaltaPost, and Farsons outweighed the gains in IHI. Meanwhile, three other equities closed unchanged as today’s trading activity amounted to €0.48 million. Download today’s Equity Market Summary.

Today, Trident Estates plc published its interim financial statements covering the six-month period ended 31 July 2025. Revenues increased by 12.6% to a record (at the interim stage) of €2.82 million (H1 2024/25: €2.51 million) reflecting the higher occupancy levels at Trident Park. Pre-tax profit surged by 23.9% to €1.13 million compared to €0.91 million in the same period last year. After accounting for a tax charge of €0.41 million, the net profit for the period amounted to €0.71 million. When compared to 31 January 2025, total equity increased by €0.2 million to €64.3 million, which translates into a net asset value per share of €1.530 (31 January 2025: €1.525).

Simonds Farsons Cisk plc shed 0.8% to the €6.20 level across fourteen trades amounting to 17,299 shares. Following the close of Wednesday’s trading, Farsons published its interim financial results for the six-month period ended 31 July 2025 which showed that both the beverage and food businesses generated higher revenues and operating profit when compared to the same period in the previous year. The Group’s profit for the period increased by 6.5% to €9.4 million. The Directors also resolved to distribute a cash interim dividend out of tax-exempt profits of €0.065 per share, which is 8.3% higher than the interim dividend of last year. Furthermore, the Board also declared a dividend ‘in kind’ of €1.30 per share which shall be settled through the distribution of the entire shareholding in Quinco Holdings plc to shareholders on a pro rata basis to the number of shares held in the company. Both the cash dividend and the ‘in kind’ dividend will be distributed to shareholders as at close of today’s trading. The shares of Quinco Holdings plc are expected to be admitted to the Official List of the Malta Stock Exchange on 6 October, with trading to commence on 7th October. The cash dividend will be paid on 16 October 2025.

MaltaPost plc slumped by 6.3% to the €0.416 level on two deals totalling 6,614 shares.

Malta International Airport plc decreased by 1.7% to the €5.85 level across four trades amounting to 3,087 shares.

Bank of Valletta plc moved 0.5% lower to the €1.85 level over twenty-four deals totalling 83,263 shares.

Also in the banking sector, APS Bank plc dropped by 5.6% to the €0.51 level on two trades amounting to 2,994 shares.

BMIT Technologies plc declined by 3.2% to the €0.30 level on two trades of 20,400 shares. BMIT is hosting an Extraordinary General Meeting on Tuesday 30 September 2025 with a proposed resolution seeking shareholder approval for the acquisition of 49,642,139 ordinary shares in the issued share capital of Malta Properties Company plc, which represent 49% of the total issued share capital of MPC.

On the other hand, International Hotel Investments plc closed the session 10.6% higher at the €0.478 level on two trades totalling 10,001 shares, with the vast majority of shares changing hands at €0.45 (+4.6%).

Meanwhile, Hili Properties plc traded flat at the €0.24 level as 376,967 shares changed hands.

HSBC Bank Malta plc held the €1.43 level over eight trades totalling 65,820 shares.

Malta Properties Company plc closed unchanged at the €0.342 level on a single trade of 1,182 shares.

The RF MGS Index fell by 0.19% to a fresh three-week low of 906.132 points. Data released today showed that personal consumption expenses inflation in the US rose by 0.3% month-over-month from 0.2% last July. On an annual basis, PCE inflation accelerated to a six-month high of 2.7% in August, although the figure was in line with expectations. Moreover, core PCE inflation remained unchanged at 2.9% also in line with forecasts.

 

This report contains only public information and is not to be construed as investment advice or an offer to buy or sell securities. Information contained herein is based on data obtained from sources considered to be reliable, but no representations or guarantees are made with regard to the accuracy of the data. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Rizzo, Farrugia & Co. (Stockbrokers) Limited is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange.