Kingfish Limited has reported a net loss after tax of $17.3m for the year ended 31 March 2022, alongside a Total Shareholder Return of +0.02%, an Adjusted NAV Return of (-3.5%), and a Dividend Return of +7.4% (14.34cps).
The second half of the year saw a significant loss due to pressures and concerns from post-Covid inflation, supply chain disruption, and international uncertainty.
The portfolio’s S&P/NZX50G benchmark was -3.6%.
The board declared a dividend of 3.16 cents per share, payable on 23 June 2022 with a record date of 9 June.
The company is encouraged that, despite the difficult recent environment for listed equities, the majority of the companies within the Kingfish portfolio are delivering solid earnings.
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