LONDON (Thomson Financial) - LMS Capital Plc. posted a higher first-half profit, boosted by the sale of Energy Cranes, which resulted in a realised gain of 17.9 million pounds, and said it is confident of strong medium- to long-term growth in shareholder value.

For the six months to June 30, pretax profit rose to 9.03 million pounds from a restated 6.01 million a year earlier, while revenue rose to 8.25 million pounds from 6.10 million.

Net realised gains on investments were 15.5 million pounds compared with 2.4 million a year earlier, the company said.

The company closed the period with a net asset value of 110 pence per share compared with an NAV of 101 pence at Dec. 31, 2007. TFN.newsdesk@thomson.com jro/wj

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