G4S Posts Drop In H1 Pretax Profit

G4S PLC GFSZY posted a drop in its first-half pretax profit. G4S' pretax profit for the period fell to 61 million pounds, from GBP151 million, in the year-earlier period. Its revenue rose to GBP3.90 billion from GBP3.69 billion, while diluted earnings per share declined to 2.1 pence from 7.7 pence. G4S shares dropped 1.98% to close at $20.82 yesterday.