St Mowden shares fall on profit downturn

By Frances Ivens2018-07-04T07:36:00

Source: Shutterstock/Vectorfusionart

Shares in St Mowden Properties fell 3.99% in value on Tuesday to 413.4p after the company announced an 18% drop in pre-tax profit for its first six months of its financial year.

The regeneration specialist company revealed net asset value rose 1% over the period to 455.4p per share.

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