Value Taiwan ETF announced audited earnings results for the year ended March 31, 2016. For the year, the company reported net investment loss of TWD 30,869,669 compared to net investment income of TWD 43,974,506 a year ago. Loss before taxation was TWD 35,963,874 compared to profit before taxation of TWD 35,619,713 a year ago. Loss after taxation and total comprehensive loss for the year was TWD 38,566,466 compared to profit after taxation and total comprehensive income for the year TWD 33,330,921 a year ago. Cash flow from operating activities was TWD 17,278,148 compared to TWD 132,313,791 a year ago. As at March 31, 2016, the net asset value (NAV) per unit of the Sub-Fund was TWD 128.45.