Current reporting period: 30 June 2017
Previous corresponding period: 30 June 2016
RESULTS FOR ANNOUNCEMENT TO THE MARKETRevenue and net profit | 2017 $'000's | Restated 2016 $'000's | % Change | |
Revenue from ordinary activities | 149,812 | 188,982 | Down 20.7% | |
Net Profit from ordinary activities after tax attributable to members | 20,586 | 34,597 | Down 40.5% | |
Total Comprehensive Income for the period attributable to members | 16,476 | 32,414 | Down 49.2% | |
Dividends | Amount per security 2017 | Franked Amount per security 2017 | Amount per security 2016 | Franked Amount per security 2016 |
Interim Dividend | 3.00c | 3.00c | 4.00c | 4.00c |
Final Dividend | 7.00c | 7.00c | 8.00c | 8.00c |
Dividends totaling 11 cents per share have been paid during the year ended 30 June 2017. The Directors recommend the payment of a final dividend of 7 cent per share in respect of the year ended 30 June 2017.
Dividend paymentsDate the final 2017 dividend is payable 7 November 2017 Record date to determine entitlements to the dividend 2 October 2017 Date final dividend was declared 30 August 2017
Review of OperationsThe reported Net Profit attributable to members of the Company is $20.59 million (2016: $34.60 million). This equates to an Earnings Per Share of 17.81 cents (2016: 29.93 cents).
Entities over which control has been gained or lost during the periodDuring the current year, the Company did not gain or lose control of any entities.
Net tangible assets | |||
30 June 2017 | 30 June 2016 | ||
$'000s | $'000s | ||
Net assets | 180,659 | 176,897 | |
Less intangible assets | (7,158) | (7,158) | |
Net tangible assets of the company | 173,501 | 169,739 | |
Fully paid ordinary shares on issue at balance date | 115,581,107 | 115,581,107 | |
Net tangible asset per issued ordinary share as at balance date | $1.50 | $1.47 | |
Earnings per share (attributable to the members of the parent) | |||
Basic earnings/(loss) per share (cents) | 17.81 | 29.93 |
Additional Appendix 4E disclosure requirements can be found in the directors' report and the 30 June 2017 financial statements and accompanying notes.
Annual General MeetingThe Annual General Meeting will be held at:
One World Hotel, Bandar Utama City Centre, Petaling Jaya, Malaysia Date: 24 November 2017
Time: 10.00 am
Audit detailsThis report is based on accounts which have been audited. For and on behalf of the directors
David Somerville Lai Ah Hong Chairman Managing DirectorDated: 30 August 2017
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