Kingfish Limited Reports Audited Earnings Results for the Year Ended March 31, 2017; Declares Dividend, Payable on June 29, 2017
Kingfish Limited reported audited earnings results for the year ended March 31, 2017. For the period, the company reported interest income of NZD 177,000 against NZD 391,000 a year ago. Total net income was NZD 27,430,000 against NZD 27,433,000 a year ago. Operating profit before tax was NZD 22,424,000 against NZD 22,566,000 a year ago. Net operating profit after tax attributable to shareholders was NZD 22,395,000 or 14.13 cents per diluted share against NZD 22,544,000 or 16.43 cents per basic and diluted share a year ago. Net cash outflows from operating activities were NZD 329,000 against NZD 16,392,000 a year ago.
On May 16, 2017, the board of directors declared dividend of 2.79 cents per share. The record date for this dividend is June 15, 2017 with a payment date of June 29, 2017.