I was definitely daunted by the 68 page document filled with numbers that lay before me... and I still am unsure that I am extracting the right information from it. But here goes...
- The company reported an increased in the net profit after tax of 18% to $7.1million (compared to $6.0 million for the previous year)
- Revenue decreased by 3% to $95.6 million (which was impacted by the unfavourable effect pf translating foreign currency revenues to a stronger Australian dollar)
- Sales revenues in local currencies grew by 3% in the S, and 18% in the Middle East
- Lower sales were recorded in Australian due to an extremely mild summer, wet weather and flooding
- Earnings before interest , tax, depreciation and amortisation (EBITDA) decreased 4% to $15.8 million
- Earnings before interest and tax (EBIT) increased by 6% to $9.9 million
- Net profit after tax (NPAT) was up 18% from $6.0 million to $7.1 million
- Cash from operations $11.4 million
- Maintenance capital expenditure of $0.6 million for the year
- The company paid net cash of $11.2 million for the acquisition of the Zone Hardware and Riva Window Fashions business
- Dividends $8.4 million were paid to share holders
- The company held net debt of $5.7 million as at 30 June 2011 compared to net cash on deposit of $3.1 million at 30 June 2010
The senior management consists of
Jeff Cox - Chief Financial Officer (CFO)
Shaun McPherson- Managing Director (Asia Pacific)
Martin Denny - Managing Director (USA)
Bernie Wang - Managing Director (China)
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ReplyDeleteHi Ashley,
ReplyDeleteIt seems your company's net profit after tax has increased significantly from the previous year. It interesting to note that sales have decreased in Australia, yet grew quite dramitcally in the Middle East.
Cheers, Jess.