Australian Governance Masters Index Fund Limited
(ASX:AQF) has recorded a 6 percent slip in net profit to $1.271 million for the half-year ended 31 December 2015.
The company attributed the fall in profit to the decreased dividend income derived from the company’s investments held during the six months.
AQF said the company are in a strong position with total assets of $56 million and no borrowings.
The company’s basic earnings per share grew 1 percent to 4.16 cents per share versus 4.1 cents the previous corresponding period.
The company announced a dividend of 3 cents per share fully franked.
