British investment manager Ashmore Group has reported pre-tax profit of £79.5 million for the first, a decline of nearly 34 compared with £120.2 million a year ago.
For the period ended 31 December 2013, earnings per share were 8.83 pence, down from the prior year’s 13.35 pence.
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The group’s net revenue during the period declined to £134.6 million from £163.7 million a year ealier.
Additionally, the company’s board has declared a dividend of 4.45 pence per share, reflecting the Group’s strong capital position and the board’s confidence in the business.
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