LONDON (dpa-AFX) - Investment management firm Man Group Plc (MNGPF.PK, EMG.L) reported Friday that its first-half profit after tax climbed to $164 million from last year's $83 million.
Earnings per share were 13.8 US cents, compared to 6.8 US cents last year.
Core profit before tax was $257 million, compared to $137 million last year. Core earnings per share were 17.1 US cents, compared to 8.9 US cents a year ago.
Revenue for the period grew to $733 million from last year's $506 million. Core net revenue was $761 million, compared to $513 million a year ago.
Assets under management or AUM was $178.2 billion as of June 30, higher than prior year's $151.7 billion.
Further, the Board has declared an interim dividend of 5.6 cents per share, same as last year. The record date is August 9 and payment date is September 20.
In London, Man Group shares were trading at 258.40 pence, up 3.03 percent.
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