Ruralco Holdings Limited Reports Consolidated Earnings Results for the Half Year Ended March 31, 2018
Ruralco Holdings Limited reported consolidated earnings results for the half year ended March 31, 2018. For the period, the company’s revenue was AUD 919,863,000 against AUD 859,597,000 a year ago. Results from operating activities were 29,999,000 against AUD 27,054,000 a year ago. Profit before income tax was AUD 27,284,000 against AUD 23,930,000 a year ago. Profit for the period was AUD 18,703,000 against AUD 16,479,000 a year ago. Total profit attributable to equity holders of the company was AUD 16,054,000 against AUD 12,421,000 a year ago. Basic and diluted earnings per share were 15.34 cents against 14.36 cents a year ago. Net cash flows used in operating activities were AUD 18,074,000 against AUD 37,500,000 a year ago. Payment for property, plant and equipment was AUD 2,633,000 against AUD 2,179,000 a year ago. Payment for intangible assets was AUD 9,409,000 against AUD 7,262,000 a year ago. Net debt was AUD 147,251,000 against AUD 112,158,000 a year ago. ROE was 9.0% against 2.6% a year ago. Underlying profit before tax was AUD 28,214,000. Underlying net profit attributable to shareholders was AUD 16,705,000. Underlying earnings per share were 16.0 cents.