Aberdeen Asset Posts Rise In Profit

Aberdeen Asset Management PLC

reported an increase in its pretax profit for the half year ended March 31. Aberdeen Asset's revenue for the period surged 25% to GBP516.0 million, while underlying earnings per share climbed 43% to 14.9 pence. Its pretax profit gained to GBP188.2 million from GBP124.3 million, while diluted earnings per share increased to 12.43 pence from 7.95 pence. Aberdeen Asset lifted its dividend to 6 pence from 4.4 pence.