Augusta Capital Limited Reports Unaudited Consolidated Earnings Results for the Full Year Ended March 31, 2016
Augusta Capital Limited reported unaudited consolidated earnings results for the full year ended March 31, 2016. For the year, the company’s net revenue was $17,104,000 compared to $13,837,000 a year ago. Profit before finance costs, fair value movements and taxation was $9,942,000 compared to $7,475,000 a year ago. Profit before fair value movements, gains on disposal and taxation was $7,012,000 compared to $4,387,000 a year ago. Net profit before taxation was $14,613,000 compared to $7,834,000 a year ago. Profit and total comprehensive income for the year from continuing operations was $10,385,000 compared to $1,973,000 a year ago. Profit and total comprehensive income for the year was $13,517,000 compared to $10,385,000 a year ago. Net cash flows from operating activities were $5,810,000 compared to $3,447,000 a year ago. Capital expenditure on investment properties was $824,000 compared to $3,218,000 a year ago. Purchase of property was $16,860,000 compared to $6,700,000 a year ago. Basic and diluted earnings per share were 15.46 cents compared to 12.40 cents a year ago. Net assets per share were 0.94 cents compared to 0.83 cents a year ago. Net tangible assets per share (excluding intangible assets and goodwill) were $0.75 compared to $0.64 a year ago. Net profit after tax (Normalised) was $5,682,000 compared to $4,859,000 a year ago.