Sugar Terminals Limited Announces Audited Earnings Results for the Year Ended June 30, 2018
Sugar Terminals Limited announced audited earnings results for the year ended June 30, 2018. For the year, the company reported revenue from continuing operations of AUD 96,226,000 against AUD 51,081,000 a year ago, reflecting the new direct relationship with the raw sugar marketers for storage and handling services. Profit before income tax was AUD 37,080,000 against AUD 33,796,000 a year ago. Profit for the period was AUD 25,712,000 against AUD 23,418,000 a year ago. Basic and diluted earnings per share were 7.14 cents against 6.51 cents a year ago. Net cash inflow from operating activities was AUD 42,380,000 against AUD 36,900,000 a year ago. Payments for investment properties/property, plant & equipment was AUD 11,334,000 against AUD 14,914,000 a year ago. Capital expenditure was AUD 14.1 million against AUD 12.8 million a year ago.