Clarius Group Limited Reports Consolidated Earnings Results for the Six Months Ended December 31, 2017
February 26, 2018 at 01:49 am EST
Clarius Group Limited reported consolidated earnings results for the six months ended December 31, 2017. For the period, the company revenue from ordinary activities was AUD 74,123,000 against AUD 80,747,000 a year ago. Loss from ordinary activities after tax attributable to members was AUD 1,917,000 against AUD 1,359,000 a year ago. Net loss for the period attributable to members was AUD 1,917,000 against AUD 1,359,000 a year ago. The reduction in revenue of AUD 6,624,000 (8.2%) compared with the prior half year was predominately due to the reduction in low margin contractors. Net operating cash outflow was AUD 1,079,000 against AUD 869,000 a year ago. Loss from continuing operations (excluding other income) was AUD 1,735,000 reduced 2.9% against AUD 1,786,000 a year ago. Basic and diluted loss per share was 2.14 cents against 1.52 cents a year ago. Purchase of plant and equipment was AUD 245,000 against AUD 151,000 a year ago. Payments for intangible assets was AUD 223,000.