SMARTSHARES NZ MID CAP ETF NZX Midcap Index Fund reported unaudited financial results for the six months ended September 30, 2014. For the period, the company reported income of NZD 1,177,000 against NZD 1,007,000 a year ago. Total net income was NZD 3,419,000 against NZD 2,509,000 a year ago.
Net profit before tax was NZD 3,244,000 against NZD 2,344,000 a year ago. Net profit after tax was NZD 3,225,000 against NZD 2,370,000 a year ago. Basic and diluted earnings per share were 21.38 cents against 15.16 cents a year ago.
Net cash provided by operating activities was NZD 985,000 against NZD 730,000 a year ago.
