Earnings release
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GREENFERN INDUSTRIES Greenfern Industries Limited Interim Results announcement Results for announcement to the market Name of issuer Reporting Period Greenfern Industries Limited 6 months to 30 September 2021 Previous Reporting Period Currency 6 months to 30 September 2020 New Zealand Dollars Amount ( 000s ) Revenue from continuing operations $ 44 Total Revenue $ 44 Net profit / ( loss ) from ( $ 816 ) continuing operations ( $ 816 ) Percentage change 746 % 746 % 142 % Total net profit / ( loss ) Interim / Final Dividend Amount per Quoted Equity Security Imputed amount per Quoted Equity Security Record Date Dividend Payment Date Net tangible assets per Quoted Equity Security A brief explanation of any of the figures above necessary to enable the figures to be understood 142 % It is not proposed to pay any dividends for the period ended 30 September 2021 . Not Applicable Not Applicable Not Applicable Current period $ 0.40023662 Prior comparable period $ 0.26470000 The net assets of GFI were $ 3.96 million at 30 September 2021 , which represented a 68 % increase from 31 March 2021. Cash and cash equivalents increased by 75 % to $ 2.27 million over the same period . The increase in both net assets and cash and cash equivalents was due to the capital raised during the period . In addition , property , plant , and equipment increased by 8 % from 31 March 2021 to $ 1.75 million at 30 September 2021. GFI improved its fixed assets in the hydroelectric power station and the medical cannabis facilities . Nevertheless , the total revenue was $ 44 thousand for the six months ended 30 September 2021 , an increase of 746 % compared to the comparative period . The company has started to generate revenue from selling electricity to the national grid and sales of hemp related products , such as MaTo Hemp Wash Bar and Hemp food . This results announcement should also be read in conjunction with the unaudited consolidated financial statements for the six months ended 30 September 2021 .