Source - SMW
Paternoster Resources has hiked its pretax profit to £0.4m, from £0.3m. Total income was £0.7m, from £0.4m.

Chairman Nicholas Lee commented: 

"The Company's investment portfolio continues to make very good progress, and we have taken the opportunity during the first half of 2016 to realise some of the very significant gains made by our investments. 

"This demonstrates that not only can we achieve good investment returns but that we can also realise these returns. This performance, however, is not being reflected in our share price and we are therefore now in the process of implementing certain strategic steps to address this issue."