21 November 2011 Tradehold reports lower trading profit for half-year
Tradehold has reported a small trading profit of £0,3m for the six months to August 2011. However, due mainly to a £2,1m downward adjustment in the fair value of the company’s investment in UBS AG and interest payments of £1,1m, Tradehold ended the reporting period with a loss of £3,3m.
11 May 2011 Tradehold increases trading profit in difficult year
Tradehold increased its trading profit for the year to February 2011 to £6,1m (2010: £2,4m) mainly due to a net uplift of £5,4m in the value of its UK property portfolio to £56,9m in a market still in the initial phases of what seems to be a fragile recovery.