Hardy Underwriting Group PLC has announced a threefold increase in interim pretax profits to £913,000, from £309,000 during the same period in 2000.

For the six months to June, operating profits improved to £1.45m from £189,000 and gross premiums written rose more than 40% to £17,9m.

Earnings per share jumped to 4.3p from 1.2p but the group said it would not be paying an interim dividend. It said it expected to maintain the full-year dividend.

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