K3 Capital Group drops as delays hit 1H results

Shares of K3 Capital Group PLC (K3C.LN) fell in early trade Monday after the company said some delays in transaction completions resulted in lower first-half pretax profit and revenue. Pretax profit for the six months to Nov. 30 fell 5.0% to 3.1 million pounds ($3.9 million) from GBP3.2 million in the year-earlier period, the business sales and brokerage said.