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.