The Churchill China plc board has proposed a final dividend of 17.3p (2020: nil) per ordinary share. This gives a total for the year of 24.0p (2020: nil) per ordinary share. This dividend will be payable on 27 June 2022 to shareholders on the register on 31 May 2022 and reflects their confidence in the progress of the business and the maintenance of their financial position.
Other financial highlights include:
Operating profit before exceptional items £6.1m (2020: £0.9m)
Profit before exceptional items and tax £6.0m (2020: £0.8m)
Reported profit before tax after exceptional items £6.0m (2020: £0.1m)
Adjusted basic earnings per share 37.8p (2020: 6.5p)
Basic earnings per share 37.8p (2020: 1.0p)
Net cash and deposits of £19.0m (2020: £14.0m)
Cash generated from operations £10.6m (2020: £1.8m)
