L1 Long Short Fund (ASX:LSF) reported Friday that its loss per diluted share in the fiscal first half was AU$0.1202, compared with earnings of AU$0.0901 per diluted share a year earlier.

Total loss for the six months Dec. 31, 2024, was AU$29.7 million, compared with a total income of AU$168.6 million in the same period a year earlier.

The board declared an interim dividend of AU$0.0625 per share, up from AU$0.06 in the previously reported period, payable on April 7 to shareholders on record as of March 18.

Shares fell more than 1% in morning trade Friday and earlier hit their lowest since November 2022.