ECP.ASX: Appendix 4D Statement

Appendix 4D Statement

Stock	ECP Emerging Growth Ltd (ECP.ASX)
Release Time	21 Feb 2025, 4:33 p.m.
Price Sensitive	Yes

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ECP Emerging Growth Ltd Reports Half-Year Results

Key Points

Investment portfolio performance up 6.4% in H1 2024
Net profit down 75.5% compared to prior year
Interim dividend of 2.4 cents per share declared

Full Summary

ECP Emerging Growth Limited has released its Appendix 4D Statement for the half-year ended 31 December 2024. In the six months to 31 December 2024, the Investment Portfolio performance was positive 6.4% compared to the ASX Small Ordinaries Index which increased by 4.0%. This is behind the prior year six-month portfolio performance of positive 17.8%. Revenue from ordinary activities decreased by 5.7% to $348,544, while realised and unrealised gains on investments decreased by 58.7% to $2,214,642. Net Profit after tax attributable to members decreased by 75.5% to $1,041,690, and Comprehensive Income (after tax) attributable to members also decreased by 75.5% to $1,041,690. The Net Tangible Asset backing (NTA) per share (tax on realised gains only) increased by 9.0% to 170.3 cents. The Directors have resolved to pay an interim dividend of 2.4 cents per share, which will be fully franked and paid on 13 March 2025. The Dividend Reinvestment Plan (DRP) will apply to this interim dividend.