NZ TOP 50 FUND Reports Audited Earnings Results for the Year Ended March 31, 2018
NZ TOP 50 FUND reported audited earnings results for the year ended March 31, 2018. For the year, the company reported total income of NZD 34,869,000 compared to NZD 16,282,000 a year ago. Profit before tax was NZD 33,579,000 compared to NZD 15,877,000 a year ago. Profit after tax was NZD 33,500,000 or 29.89 cents per basic and diluted share, compared to NZD 15,877,000 or 16.71 cents per basic and diluted share, a year ago. Net cash flows from operating activities were NZD 8,660,000 compared to NZD 1,935,000 a year ago.