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BP Marsh post-tax profit jumps 100%

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Net asset value also up 9.5% in six months to 31 July.

BP Marsh and Partners has doubled its post-tax profit according to its interim financial results for the six months to 31 July 2015.

It made £3.4m compared to £1.7m for the same period in 2014 although the figures have yet to be audited.

The venture capital provider also reported that its net asset value went up 9.5% to £65.5m (2014: £59.8m) and shareholders saw a 5.3% return for the six-month period.

The company currently has an uncommitted cash balance of £3.2m and the group stated it

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