- Insurance premium financing specialist Orchard Funding Group said its first-half profit rose by about a fifth as it boosted revenue and cut administrative expenses.

Pre-tax profit for the six months through December rose to £1.2m, up from £1.0m on-year.

Revenue rose 3.8% to £2.8m.

The company kept its interim dividend steady at 1p per share.

At 9:15am: [LON:ORCH] Orchard Funding Group Plc share price was +1p at 83p

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