Arvida Group Limited Reports Unaudited Consolidated Earnings Results for the Year Ended March 31, 2018
Arvida Group Limited reported unaudited consolidated earnings results for the year ended March 31, 2018. For the period, the company's total revenue was NZD 132,298,000 against NZD 101,433,000 a year ago. Profit before tax was NZD 61,915,000 against NZD 58,103,000 a year ago. Profit after tax was NZD 57,637,000 against NZD 53,668,000 a year ago. Total comprehensive income was NZD 65,256,000 against NZD 54,726,000 a year ago. Diluted earnings per share were 15.41 cents against 17.62 cents a year ago. Net cash inflow from operating activities was NZD 53,877,000 against NZD 39,746,000 a year ago. Purchase of property, plant and equipment was NZD 66,178,000 against NZD 23,294,000 a year ago. Underlying operating profit was NZD 13,183,000 against NZD 11,832,000 a year ago. Underlying profit was NZD 33,019,000 against NZD 23,135,000 a year ago. Net tangible assets per security as at March 31, 2018 were 95.9 cents against 109.9 cents a year ago.