US Small-Cap Trust reported unaudited earnings results for the six months ended September 30, 2017. For the period, the company reported total income of NZD 902,000 as compared to NZD 1,255,000 for the same period last year. Profit before tax was NZD 838,000 as compared to NZD 1,200,000 for the same period last year. Profit after tax was NZD 660,000 as compared to NZD 1,046,000 for the same period last year. Basic and diluted earnings per unit were 8.84 cents as compared to 14.35 cents for the same period last year. Net cash outflows from operating activities was NZD 64,000 as compared to NZD 37,000 for the same period last year.