The Taiwan Fund, Inc. Reports Earnings Results for the First Quarter Ended November 30, 2017
The Taiwan Fund, Inc. reported earnings results for the first quarter ended November 30, 2017. For the period, the company reported net Investment loss was $628,375 or per share of $0.08 against $366,299 or $0.05 a year ago. Gross investment income was $159,933 or $0.02 per share compared to $478,949 or $0.06 per share a year ago. Net realized gain on investments and foreign currency transactions was $4,999,833 compared to $1,586,628 a year ago. Total realized and unrealized loss on investments was $2,147,860 or $0.26 per share compared to $6,984,179 or $0.85 per share a year ago. Net decrease in net assets resulting from operations was $2,776,235 or $0.34 per share compared to $7,350,478 or $0.89 per share a year ago. The Fund reported a net asset value per share of $23.77 as of the close of business on November 30, 2017. This represents a decrease of $0.34 per share from the net asset value per share of $24.11 reported on August 31, 2017.