Mint Income Fund Reports Earnings Results for the Half Year Ended June 30, 2019
August 28, 2019 at 10:09 pm IST
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MINT Income Fund announced earnings results for the half year ended June 30, 2019. For the half year, the company announced total revenue was CAD 12.923 million compared to CAD 9.780 million a year ago. Operating income was CAD 11.888 million compared to CAD 8.339 million a year ago. Net income was CAD 11.600 million compared to CAD 7.707 million a year ago. Basic earnings per share from continuing operations was CAD 0.6 compared to CAD 0.34 a year ago.
MINT Income Fund (the Fund) is a Canada-based closed-end investment trust. The Fund's investment objectives are to produce a high level of sustainable income and to minimize the risk of investing in high income securities on a cost-effective basis. The Fund invests in a diversified portfolio of securities consisting primarily of high-yielding equity securities of issuers operating in various industries and geographic regions. It invests in various sectors, such as energy, real estate, utilities, financials, healthcare, pipelines, industrials, materials, metals and mining, technology, consumer discretionary, and communication services. The Fund's investment manager is Middlefield Limited. Middlefield Capital Corporation (MCC) is the investment advisor of the Fund.
MINT INCOME FUND 
