Pioneer Credit Limited Announces Financial Results for the First Half Ended December 31,2016; Confirms Earnings Guidance for the Fiscal 2017
February 24, 2017 at 02:30 am
Pioneer Credit Limited announced financial results for the first half ended December 31,2016. For the period, the company reported net revenue of AUD 24.6 million as compared to AUD 21.1 million a year ago. EBITDA was AUD 14.6 million as compared to AUD 13.7 million a year ago. EBIT was AUD 7.0 million as compared to AUD 5.5 million a year ago. NPAT was AUD 4.2 million as compared to AUD 3.3 million a year ago. Basic EPS were 8.45 cents as compared to 7.23 cents a year ago.
For fiscal 2017, the company confirmed the expectation of net profit after taxation of at least AUD 10.5 million.