Mercia AM sees pre-tax profit rocket by 35% in half-year results

Interim dividend has trebled

Specialist asset manager, Mercia Asset Management, has seen its revenue rise 20.7% to £10.1m in the six months to the end of September.

According to the firm's interim results, net assets also increased from £149.9m in the first half of its 2021 financial year, to £186.4m in the interim six-month period. Pre-tax profit increased 35.2%...