LONDON (dpa-AFX) - 3i Group Plc (III.L), a British private equity and venture capital firm, on Thursday posted a decline in earnings for the six-month period to September, amidst a decline in gross investment return.
For the first-half, the London-headquartered firm posted a profit of 1.759 billion pounds or 182.5 pence per share, compared with 2.197 billion pounds or 226.9 pence per share of last year.
Operating earnings before tax were at 1.760 billion pounds as against 2.199 billion pounds, posted for the first-half of 2021.
Operating profit before carried interest fell to 1.767 billion pounds, from 2.207 billion pounds of previous fiscal.
Gross investment return for the period slipped to 1.777 billion pounds, from 2.255 billion pounds in 2021.
The company has announced its first dividend of 23.25 pence per share for the fiscal 2023, to be paid in January 2023.
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