Churchill China plc (AIM: CHH) – good results, time to get back in?
For the 6 months to 30th June 2015 group revenue was up 3% to £21.4m, profit before tax up 12% to £1.6m and basic earnings per share up 14% to 11.4p. The interim dividend was lifted 10% to 5.6p with the forecast fully year dividend of 17.30p equating to a yield of an attractive 3.2% at the current share price, covered around 2x.
The balance sheet is rock solid with zero debt and cash and…
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