FINANCE: Emerging market resort investor Dolphin Capital Investors made a €31.9m (£25.2m) profit in the first half of 2014, compared with a €103.3m loss for the same period last year.
The AIM-listed company’s portfolio valuation increased from €631.9m in December to €635m at 30 June.
Gearing stands at 19%. Net asset value rose 5.5% to €0.89 per share.
Dolphin Capital Investors has 14 large-scale development projects under way in Panama, the Dominican Republic, Turkey, Greece, Cyprus and Croatia.
