SMARTSHARES NZ MID CAP ETF SmartMIDZ reported earnings results for the six months ended September 30, 2012. For the period, the company reported net profit after tax of NZD 4,661,000 or 29.55 cents earnings per share against net loss after tax of NZD 1,113,000 or 6.82 cents loss per share a year ago. Total net income was NZD 4,809,000 and net profit before tax was NZD 4,673,000 against total net loss of NZD 1,018,000 and net loss before tax of NZD 1,155,000 a year ago.
Net cash flows from operating activities was NZD 889,000 and purchase of investments was NZD 588,000 against net cash flows from operating activities of NZD 811,000 and purchase of investments of NZD 2,049,000 a year ago.
