Templeton Dragon Fund, Inc. Reports Earnings Results for the Half Year Ended June 30, 2019
September 09, 2019 at 05:28 pm EDT
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Templeton Dragon Fund, Inc. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced total revenue was USD 9.441 million. Net income was USD 90.814 million.
Templeton Dragon Fund, Inc. is a closed-end management investment company. The Fund seeks long-term capital appreciation by investing at least 45% of its total assets in equity securities of China companies. The Fund may invest in companies listed on exchanges in mainland China, Hong Kong, Taiwan, or elsewhere. It invests in various sectors, including air freight and logistics; automobiles; banks; beverages; biotechnology; capital markets; chemicals; construction materials; containers and packaging; electrical equipment; instruments and components; entertainment; food and staples retailing; food products; health care equipment and supplies; health care providers and services; hotels, restaurants and leisure; insurance; interactive media and services; Internet and direct marketing retail; information technology (IT) services; life science tools and services; machinery; media; metals and mining; pharmaceuticals, and others. The Fund's investment manager is Templeton Asset Management Ltd.