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Company News in Brief

Thursday 10 February 1994 00:02 GMT
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Elbief, the birmingham based company, that makes handbag frames, clocks, mirrors and photo frames, reduced pre-tax losses from pounds 244,000 to pounds 138,000 in the six monthsd to 31 October. Turnover edged ahead from pounds 1.9m to pounds 1.95m. Loss per share is cut from 0.2p to 0.11p. No dividend.

Fleming Enterprise Investment Trust has increased the dividend payout to 1.4p (1.3p) for the six months to 31 December. Net asset value per share at the end of the interim stage stood at 231.7p (170.7p).

Fleming Overseas Investment Trust has maintained the 1.5p dividend payout for the six months to 31 December. Net asset value per share is grew from 271p to 360.6p. Pre-tax profits fell to pounds 3.65m ( pounds 4.4m).

Grahams Rintoul Investment Trust, returned a lower taxabloe revenue of pounds 1.25m ( pounds 1.5m) for the year ended 31 December. It incurred 2.2p loss per share compared with 0.86 earnings per share last time. Net asset value per share is 113.9p (170.9p).

Scottish American Investment Trust is to pay a final dividend of 1.18p, making 4.63p (4.35p) for the year ended 31 December. Net asset value per share climbed from 152.2p to 188.3p.

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