Martin Currie Asia Unconstrained Trust plc Proposes Final Dividend for the Year Ended March 31, 2016, Payable on August 12, 2016; Reports Earnings Results for the Year Ended March 31, 2016
The company reported earnings results for the year ended March 31, 2016. For the year, net loss on investments was GBP 12,624,000 against net gains on investments of GBP 19,997,000 a year ago. Net loss on ordinary activities before taxation was GBP 10,925,000 against net return on ordinary activities before taxation of GBP 21,366,000 a year ago. Net loss attributable to shareholders was GBP 11,025,000 or 29.25 pence per ordinary share against net returns attributable to shareholders of GBP 21,228,000 or 53.97 pence per ordinary share a year ago. Net cash outflow from operating activities was GBP 5,503,000 against net cash flows from operating activities of GBP 26,937,000 a year ago. Net asset value per ordinary share of 50 pence was 326.8 pence against 361.2 pence a year ago.