NZ DIVIDEND FUND reports unaudited earnings results for the six months ended September 30, 2017
November 22, 2017 at 09:57 pm EST
NZ DIVIDEND FUND reported unaudited earnings results for the six months ended September 30, 2017. For the six months, the company reported dividend income of NZD 1,145,000 compared to NZD 968,000 a year ago. Total income of NZD 1,803,000 compared to NZD 1,960,000 a year ago. Profit before tax was NZD 1,703,000 compared to NZD 1,889,000 a year ago. Profit after tax was NZD 1,700,000 compared to NZD 1,866,000 a year ago. Basic and diluted earnings per unit were 5.23 cents compared to 7.87 cents a year ago. Net cash flows from operating activities were NZD 968,000 compared to NZD 810,000 a year ago. Purchase of investments was NZD 7,891,000 compared to NZD 4,655,000 a year ago.