Total World Fund Reports Audited Earnings Results for the Year Ended March 31, 2017
Total World Fund reported audited earnings results for the year ended March 31, 2017. For the period, the company's total income was NZD 4,055,000 compared to loss of NZD 2,121,000 a year ago. Profit before tax was NZD 3,927,000 compared to loss of NZD 2,200,000 a year ago. Profit after tax was NZD 3,578,000 compared to loss of NZD 2,428,000 a year ago. Basic and diluted earnings per unit was 22.26 cents compared to loss per unit of 16.13 cents a year ago. Net cash flows from operating activities was NZD 132,000 compared to NZD 148,000 a year ago. The net asset value of each unit per the financial statements was NZD 1.88050.