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Washington H Sol Patts (SOL)

SOL

SOL +5.95%: a bumper FY21 result for the investment company with regular NPAT up 93%. Contributions from investments in Brickworks (BKW) and New Hope Coal (NHC) were up 95% and 43% respectively while the main drag on the result came from TPG, though mostly as a result in a change in accounting methods relating tot eh investment. WHSP are now finalising a merger with Milton, on track for completion in under 2 weeks’ time. It’s hoped the merger will increase diversity of the portfolio, NAV and increase liquidity and index weighting of SOL.

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Washington H Sol Patts (SOL)
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