Pacific Current Group Ltd (ASX:PAC)
A$ 11.88 0.07 (0.59%) Market Cap: 616.45 Mil Enterprise Value: 359.92 Mil PE Ratio: 5.59 PB Ratio: 1.04 GF Score: 33/100

Half Year 2019 Pacific Current Group Ltd Earnings Call Transcript

Feb 28, 2019 / 11:00PM GMT
Release Date Price: A$5.56 (-0.71%)
Operator

Good day, everyone, and welcome to the Pacific Current Group interim results call. Today's call is being recorded. At this time, I would like to turn the conference over to Paul Greenwood. Please go ahead, sir.

Paul Richard Greenwood
Pacific Current Group Limited - MD, CEO, CIO & Director

Thank you, and thanks, everyone, for joining us today on our midyear update call. It has been -- it's been a busy period for us, but I'm going to start by saying I'm excited about where the business is today, I'm excited about the second half of the year and -- as well as where we're headed in the long term.

So today, Joe and I will walk through a review of the financial performance, the growth of the portfolio, changes to the portfolio and thoughts on our investment pipeline. So we'll first start with some of the financial highlights on Page 6 of the presentation.

During the 6-month period ending 31 December, underlying profit before tax was $8.8 million versus $8.7 million the year previously. Statutory profit was $47.8 million versus $107.2 million.

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