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CTI LOGISTICS LIMITED Earnings Release 2019

Aug 29, 2019

64663_rns_2019-08-29_e74ec06c-5086-4f67-a787-81cebaf9aa26.pdf

Earnings Release

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CTI Logistics Limited ABN 69 008 778 925

Appendix 4E Preliminary Final Report

Full Year Financial Report to 30 June 2019

For announcement to the market

Extracts from this report for announcement to the market

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----- Start of picture text ----- $A'000Revenue Up 16% to $212,031Profit after tax attributable to members Down 81% to $788Net profit attributable to members Down 81% to $788Dividends Amount per security Franked amount persecurityFinal dividend Current year Nil cents Nil centsPrevious corresponding period 2.00 cents 2.00 centsInterim dividend Current year 2.00 cents 2.00 centsPrevious corresponding period 2.00 cents 2.00 cents+Record date for determining entitlements to the dividend N/A----- End of picture text -----

Net profit for the period after adjusting for contingent consideration and sale of property

The table below shows the change in net profit in the period attributable to members after adjusting for contingent consideration and sale of property.

Reconciliation of net profit for the period attributable to members

f property f property
The table below shows the change in net profit in the period attributable to members after adjuscontingent consideration and sale of property.Reconciliation of net profit for the period attributable to members
ExcAs reportedAdjustmentsAdju $A'000 $A'000 $A’ ludingstments000
Net profit for the year to 30 June 2018$4,067$(293)$3,774Net profit for the year to 30 June 2019$788$2,340$3,128Net profit for the period attributable to members asadjusted for contingent consideration and sale of propertyDown17%to$3,128 Net profit for the year to 30 June 2018$4,067$(293)$ Net profit for the year to 30 June 2019$788$2,340$ Net profit for the period attributable to members as

Net tangible assets per share

Net tangible assets per share Net tangible assets per share Net tangible assets per share
30 June 201930 June 2018
Net tangible assets per share 74.97 cents 76.92 cents

Please refer to the attached audited 30 June 2019 full year financial report for further information on:

  • an explanation of the financial results and a review of operations as set out in the Directors’ Report

  • statement of comprehensive income, statement of financial position and statement of cash flows together with associated notes

  • a reconciliation of retained earnings

  • earnings per share and diluted earnings per share

  • segment results

The Dividend Re-investment Plan and Bonus Share Plan are currently in operation.

Control gained / lost over entities during the period

There has been no control gained / lost over entities during the period.