St James’s Place (SJP) reported a 70 percent increase in IFRS post-tax profits but a significant fall in pre-tax profits.
Post-tax profits increased from £120.9 million in H1 2021 to £205.6 million in H1 2022.
However, pre-tax profits stood at £482.6 million in H1 2021 but at 30 June 2022 a pre-tax loss of £298.4 million was posted.
SJP explained that when markets fall as they did in during the first half of 2022, it is required to reflect refunds of f...
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