Simbisa Brands Limited Reports Unaudited Group Earnings Results for the Six Months Ended December 31, 2016
Simbisa Brands Limited reported unaudited group earnings results for the six months ended December 31, 2016. For the six months, the company's revenue was $79,144,627 compared to $77,062,113 a year ago. Operating profit before depreciation and amortization was $10,441,928 compared to $10,166,184 a year ago. Profit before interest and tax was $7,342,172 compared to $6,744,133 a year ago. Profit before tax was $6,628,450 compared to $6,205,999 a year ago. Profit was $4,711,929 compared to $4,502,017 a year ago. Profit attributable to equity holders of the parent was $4,769,305 compared to $4,544,242 a year ago. Headline earnings per share was $0.86 compared to $0.84 a year ago. Diluted earnings per share was $0.86 compared to $0.83 a year ago. Diluted headline earnings per share was $0.86 compared to $0.83 a year ago. Net cash flow from operating activities was $8,428,220 compared to $9,278,265 a year ago. Capital expenditure was $5,334,029.