Highlights:

  • Kingfish posted a net profit of NZD 16.4 million for the six months ended 30 September 2025.
  • The adjusted net asset value (NAV) return for the period was +3.5%, while total shareholder return reached +9.2%.
  • The Board declared an interim dividend of 2.70 cents per share, payable on 19 December 2025 with a record date of 5 December 2025.

Kingfish Limited (NZX:KFL), a New Zealand-listed investment company, has reported a net profit of NZD 16.4 million for the six months ended 30 September 2025. The interim results highlight portfolio gains alongside dividend and interest income, supporting continued shareholder distributions and adjusted net asset value growth.

Portfolio Performance Supports Interim Profit

For the first half of FY26, Kingfish’s portfolio generated gross performance returns of +4.3% before fees and expenses, while the adjusted net asset value (NAV) return after fees, expenses, and tax was +3.5%. These returns were recorded against the S&P/NZX50G Index, which rose +8.3% over the same period. Profits on investments contributed NZD 14.1 million to the result, complemented by NZD 5.9 million in dividend and interest income. Operating expenses and tax reduced the total by NZD 3.6 million, resulting in a net profit of NZD 16.4 million.

Dividend Declared for Shareholders

In line with Kingfish’s quarterly distribution policy, the company paid 5.48 cents per share to shareholders during the six-month period ended 30 September 2025. The Board also declared an interim dividend of 2.70 cents per share, with a record date of 5 December 2025 and a payment date scheduled for 19 December 2025. This continues Kingfish’s approach of returning a portion of average NAV to investors each quarter.

Total Shareholder Return and NAV Growth

Kingfish reported a total shareholder return of +9.2% for the six-month period. Net tangible assets per quoted equity security were NZD 1.3403, compared with NZD 1.4138 in the prior year period. The results demonstrate ongoing portfolio performance in line with the company’s long-term investment objectives, offering investors exposure to a diversified portfolio of growing New Zealand companies through a single, tax-efficient vehicle.

About Kingfish

Kingfish is a listed investment company that invests in New Zealand growth companies. Its portfolio is managed by Fisher Funds, a specialist investment manager with expertise in growth equities. Kingfish’s strategy focuses on delivering competitive returns through capital growth and dividends, giving investors access to a diversified set of investments within a single NZX-listed structure. The company has been listed on the NZX Main Board since 31 March 2004.