CTI LOGISTICS LIMITED — Earnings Release 2021

Aug 29, 2021

CTI Logistics Limited ABN 69 008 778 925

Appendix 4E Preliminary Final Report

Full Year Financial Report to 30 June 2021

For announcement to the market

Extracts from this report for announcement to the market

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$A'000
Revenue Up 11.1% to $239,044
Profit after tax attributable to members Up N/A $8,169
Net profit attributable to members Up N/A $8,169
Dividends Amount per security Franked amount per
security
Final dividend Current year 2.00 cents 2.00 cents
Previous corresponding period Nil cents Nil cents
Interim dividend Current year 2.00 cents 2.00 cents
Previous corresponding period Nil cents Nil cents
+Record date for determining entitlements to the dividend 28 October 2021
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Net profit for the period after excluding the impact of an impairment on properties in the previous year

The table below shows the change in net profit in the period attributable to members after excluding the impairment on properties of $5,771,500 in the previous year.

Reconciliation of net profit for the period attributable to members

Reconciliation of net profit for the period attributable to members
		Excluding
As reported	Adjustments	Adjustments
$A'000	$A'000	$A’000
Net (loss) / profit for the year to 30 June 2020 ($4,349) Net profit for the year to 30 June 2021 $8,169 Net profit for the period attributable to members after excluding the impairment on properties in the previous year Up	$5,772 - 474%	$1,423 $8,169 to $8,169

Net tangible assets per share

Net tangible assets per share
	30 June 2021	30 June 2020
Net tangible assets per share	76.22 cents	65.07 cents

Please refer to the attached audited 30 June 2021 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.