Fundsmith Emerging Equities Trust plc Announces Unaudited Earnings Results for the Six Months Ended 30 June 2018
July 31, 2018 at 08:34 pm IST
Fundsmith Emerging Equities Trust plc announced unaudited earnings results for the six months ended 30 June 2018. For the period, the company reported loss before finance costs and tax of £5,293,000 against profit before finance costs and tax of £22,306,000 a year ago. Loss before tax was £5,293,000 against profit before tax of £22,306,000 a year ago. Loss for the period was £5,641,000 or 22.16 pence per basic and diluted share against profit for the period of £22,088,000 or 93.73 pence per basic and diluted share a year ago. Net cash outflow from operating activities was £19,290,000 against £18,616,000 a year ago. NAV per share was 1,236.7 pence as on June 30, 2018 against 1,134.5 pence as on June 30, 2017.