Australian Ethical Investment Ltd. announced that Underlying Net Profit after Tax (UPAT) for the 12 months ending 30 June 2019 is expected to be between $5.7 million and $6.2 million, a mid-point increase of 19% on the 12 months ended 30 June 2018. This estimated earnings guidance range is based on unaudited management accounts to 31 March 2019 and subject to change due to market conditions.