The directors of Arowana Australasian Value Opportunities Fund Ltd. announced an interim dividend for the period ended 31 December 2017 of 4 cents per share, fully franked and payable on 5 April 2018 to shareholders on record at 6 March 2018. Ex date is 5 March 2018.

The company reported earnings results for the half year ended December 31, 2017. For the period, the company reported total revenue of $619,323 against $382,629 a year ago. Total income was $17,005,774 against total loss of $3,584,328 a year ago. Profit before income tax benefit was $15,046,022 against loss before income tax expense of $4,168,115 a year ago. Profit before income tax for the period attributable to the owners of the company was $10,669,487 or 15.43 cents per basic and diluted share against loss before income tax for the period attributable to the owners of the company of $2,867,905 or 4.19 cents per basic and diluted share a year ago. Net cash outflow from operating activities was $11,484,069 against $8,252,582 a year ago.