Year ended
30 September
2019
£’000
Year ended
30 September
2018
£’000
Revenue 102,114 150,398
Direct costs (80,890) (123,127)
Gross profit 21,224 27,271
Administrative expenses (19,875) (18,812)
Surplus on revaluation of investment properties 5,791 10,582
Surplus on revaluation of receivables 850 1,090
Share of post-tax profit from joint ventures 8,039 2,059
Profit on disposal of investments 94
Profit on disposal of investment properties 1,244
Operating profit 16,029 23,528
Finance income 1,777 866
Finance costs (1,470) (2,127)
Profit before taxation 16,336 22,267
Taxation expense (3,707) (3,572)
Total comprehensive income 12,629 18,695
Basic earnings per share 8.8p 13.0p
Diluted earnings per share 8.6p 12.9p

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