JPMorgan European Investment Trust PLC reported unaudited earnings results for the six months ended September 30, 2014. For the period, the company reported income from investments of GBP 8,523,000 compared to GBP 8,395,000 a year ago. Negative gross return was GBP 9,879,000 compared to gross return of GBP 28,689,000 a year ago.

Net loss on ordinary activities before finance costs and taxation was GBP 11,525,000 compared to net return on ordinary activities before finance costs and taxation of GBP 26,513,000 a year ago. Net loss on ordinary activities before taxation was GBP 11,722,000 compared to net return on ordinary activities before taxation of GBP 26,289,000 a year ago. Net loss on ordinary activities after taxation was GBP 12,574,000 compared to net return on ordinary activities after taxation of GBP 1,949,000 a year ago.

Loss per share was 2.80 pence compared to earnings per share of 11.66 pence a year ago. Net cash outflow from operating activities was GBP 300,000 compared to net cash inflow from operating activities of GBP 4,897,000 a year ago. Net debt as on September 30, 2014 was GBP 32,205,000 compared to GBP 25,980,000 as on September 30, 2013.