QinetiQ Posts 9% Drop In H1 Pretax Profit, Raises Dividend - QinetiQ Gr (OTC:QNTQY)

27% profits every 20 days?

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QinetiQ Group PLC (OTC: QNTQY) reported a 9% drop in its first-half pretax profit and lifted its dividend.QinetiQ's pretax profit for the period fell to 72.6 million pounds ($115.72 million), from GBP80 million, in the year-ago period.Its revenue dropped 13% to GBP599.6 billion. Excluding one-time items, its adjusted pre-tax profit came in at GBP52.3 million.QinetiQ lifted its interim dividend to 1.4 pence versus 1.1 pence.QinetiQ shares closed at $12.52 yesterday.

27% profits every 20 days?

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