Magellan Global Equities Fund announced earnings results for the half year ended 31 December 2018. For the period, the company reported total net investment income was AUD 22,319,000 compared to AUD 77,129,000 a year ago. Net operating profit was AUD 13,344,000 compared to AUD 70,081,000 a year ago. Profit for the half year was AUD 13,344,000. Basic earnings per unit was 3.85 cents.