Listed investment firm Clime Capital has posted a net profit of $11.4 million for the year to June, up from $1.12 million in the prior period.

Its portfolio increased by 24.3 per cent after fees and expenses, out-performing the S&P/ASX All Ordinaries Accumulation Index by 10.5 per cent. During the year the portfolio held no more than 20 investments, with an average cash balance of 20 per cent.
Staff reporter