Thursday, October 16, 2008

Carbon Biz: Trading Emissions PLC FY pretax profit rises 28 pct (TRE.L)

From CityAM:

Trading Emissions confident as portfolio grows

Trading Emissions, a closed-end investment company specialising in renewable energy projects, posted a rise in pre-tax profits and said it was well placed to take advantage of expanding opportunities in the carbon credit market.

Pre-tax profits in the year to June 30 climbed to £194m from £151.8m over the previous year....