Menhaden Capital PLC reported unaudited consolidated earnings results for the six months ended June 30, 2018. For the six months, the company reported gains on investments at fair value through profit and loss were £1,185,000 compared to £2,074,000 a year ago. Net return before taxation was £1,444,000 compared to £1,843,000 a year ago. Net return after taxation was £1,343,000 compared to £1,809,000 a year ago. Return per share was 1.7 pence against 2.2 pence a year ago. Net cash inflow from operating activities was £83,000 compared to net cash outflow from operating activities of £451,000 a year ago. Purchases of investments were £20,100,000 compared to £15,429,000 a year ago.