Global Value Fund Limited Reports Earnings Results for the Half Year Ended December 31, 2017
February 27, 2018 at 05:23 pm EST
Global Value Fund Limited reported earnings results for the half year ended December 31, 2017. For the half year, the company total income was AUD 7,824,645 compared to AUD 13,788,335 a year ago. Profit before income tax was AUD 5,357,315 compared to AUD 10,830,389 a year ago. Profit attributable to members of the company was AUD 4,079,241 or 3.36 cents per diluted share compared to AUD 7,632,789 or 7.43 cents per diluted share a year ago. Net cash used in operating activities were AUD 14,704,866 compared to AUD 2,533,605 a year ago. Net tangible assets backing per share after tax was AUD 1.09 compared to AUD 1.10 a year ago. Net tangible assets backing per share before tax was AUD 1.11 compared to AUD 1.13 a year ago.