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Martin Currie Asia Unconstrained Trust (LSE:MCP) Net Income : £3.46 Mil (TTM As of Mar. 2019)


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What is Martin Currie Asia Unconstrained Trust Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Martin Currie Asia Unconstrained Trust's Net Income for the six months ended in Mar. 2019 was £0.56 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2019 was £3.46 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Martin Currie Asia Unconstrained Trust's Earnings per Share (Diluted) for the six months ended in Mar. 2019 was £0.02.


Martin Currie Asia Unconstrained Trust Net Income Historical Data

The historical data trend for Martin Currie Asia Unconstrained Trust's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Martin Currie Asia Unconstrained Trust Net Income Chart

Martin Currie Asia Unconstrained Trust Annual Data
Trend Feb09 Feb10 Feb11 Feb12 Feb13 Mar15 Mar16 Mar17 Mar18 Mar19
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.23 -11.03 38.77 9.81 3.46

Martin Currie Asia Unconstrained Trust Semi-Annual Data
Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.69 5.76 4.05 2.90 0.56

Martin Currie Asia Unconstrained Trust Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Martin Currie Asia Unconstrained Trust's Net Income for the fiscal year that ended in Mar. 2019 is calculated as

Net Income(A: Mar. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3.863+-0.406+0+0
=3.46

Martin Currie Asia Unconstrained Trust's Net Income for the quarter that ended in Mar. 2019 is calculated as

Net Income(Q: Mar. 2019 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.791+-0.235+0+0
=0.56

Net Income for the trailing twelve months (TTM) ended in Mar. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was £3.46 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Martin Currie Asia Unconstrained Trust  (LSE:MCP) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Martin Currie Asia Unconstrained Trust's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2019 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Martin Currie Asia Unconstrained Trust Net Income Related Terms

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Martin Currie Asia Unconstrained Trust (LSE:MCP) Business Description

Traded in Other Exchanges
N/A
Address
Saltire Court, 20 Castle Terrace, Edinburgh, GBR, EH1 2ES
Martin Currie Asia Unconstrained Trust PLC is an UK-based closed-end investment trust which invests in a diversified portfolio of investments. Its objective is to achieve returns commensurate with Asia ex-Japan nominal GDP growth. The company focuses on investing no more than 10% of the company's total asset value to be invested in any one company; no more than 10% of the issued shares of any class of equity security of an issuer to be held; no more than 15% of the company's assets in the shares and securities of any one company at any time and no more than 5% of the company's NAV to be invested in Martin Currie associated funds. The company may use gearing to enhance the return for shareholders.

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