Kingfish has announced a net profit for the 2024 financial year of $19.9 million, compared to a loss of $19.5m in the previous year.

The annual meeting of shareholders to be held Thursday will include discussions on corporate governance, ESG, and climate risk reporting.

Kingfish's portfolio performance showed a 4.6% increase in adjusted net asset value return for the year ended March 31.

The company also announced resolutions to re-elect directors Carol Campbell and David McClatchy, as well as to authorise the board to fix the auditor's remuneration.

Kingfish's investment objectives are to achieve a high real rate of return and provide access to a diversified portfolio of New Zealand quality growth stocks.


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