CSG Holdings Ltd. Announces Provisional Consolidated Earnings Results for the Year Ended March 31, 2018
CSG Holdings Ltd. announced provisional consolidated earnings results for the year ended March 31, 2018. For the year, the company reported revenue was ZAR 2,134,598,000 against ZAR 1,746,629,000 a year ago. Operating profit was ZAR 166,358,000 against ZAR 127,516,000 a year ago. Profit before taxation was ZAR 151,941,000 against ZAR 123,672,000 a year ago. Profit for the period attributable to owners of the parent was ZAR 111,545,000 against ZAR 86,787,000 a year ago. Diluted earnings per share were 21.81 cents against 19.30 cents a year ago. Headline earnings attributable to the company were ZAR 111,545,000 against ZAR 86,787,000 a year ago. Diluted headline earnings per share were 21.82 cents against 19.35 cents a year ago. Cash flow from operations was ZAR 139,759,000 against ZAR 58,901,000 a year ago. Net investment in property, plant and equipment were ZAR 49,497,000 against ZAR 28,615,000 a year ago. Net investment in intangible assets was ZAR 238,000 against ZAR 28,000 a year ago. EBITDA increased by 29% to ZAR186.96 million. These improvements were achieved through both organic and acquisitive growth, as the additional earnings from the recent security and cleaning acquisitions were included for a full year in the results for the year under review.