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Asian consumer business investor Symphony International Holdings swung to a first-half profit, thanks to increases in the value of its financial assets.
Pre-tax profit for the six months through June amounted to $85.6m, compared to losses of $101.5m on-year.
Losses before investment results and income tax were $6.5m, compared to losses of $8.5m on-year.
Symphony's net asset value rose 14% to $560.4m, predominantly due to an increase in value of shares held in Minor International Public Company.