BKI Investment Says It Prioritizes Businesses With Defensive Earning Streams, Cash Generations

MT Newswires Live04-08

BKI Investment Company (ASX:BKI) said it continues to prioritize businesses with defensive earnings streams, cash generation, and robust dividend profiles as the conflict in the Middle East, combined with the effective closure of the Strait of Hormuz, introduced a significant supply shock, according to a Wednesday Australian bourse filing.

In the year ended March 31, performance from the firm's energy and materials holdings was robust, with several positions recording substantial gains.

The conflict appears imminent on a high level, but the enduring effects of the significant supply disruptions are expected, the firm said. At the same time, inflationary pressures linked to energy costs may complicate central bank policy paths.

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