Adrenna Property Group Limited Announces Unaudited Consolidated Earnings Results for Six Months Ended August 31, 2017
November 30, 2017 at 08:35 am EST
Adrenna Property Group Limited announced unaudited consolidated earnings results for six months ended August 31, 2017. For the period, the company reported revenue of ZAR 13,076,000 compared to ZAR 11,765,000 a year ago. Operating income before interest and revaluations was ZAR 9,312,000 compared to ZAR 6,572,000 a year ago. Net income before taxation was ZAR 7,160,000 compared to ZAR 8,257,000 a year ago. Income after taxation for the period was ZAR 4,618,000 compared to ZAR 6,159,000 a year ago. Income attributable to ordinary shareholders was ZAR 4,618,000 compared to ZAR 6,159,000 a year ago. Cash generated in operations was ZAR 4,550,000 compared to ZAR 3,704,000 a year ago. Acquisition of investment property was ZAR 10,959,000. Acquisition of equipment was ZAR 18,000. Headline earnings were ZAR 2,587,000 compared to ZAR 2,802,000 a year ago. Headline earnings per share were 4.6 cents compared to 5.0 cents a year ago.