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EXCELSIOR CAPITAL LTD — Earnings Release 2023
Feb 26, 2023
64816_rns_2023-02-26_a003cc3b-cbd8-469b-86e8-d7fc6bdf1261.pdf
Earnings Release
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Excelsior Capital Limited ABN 98 050 542 553 Level 29, Chifley Tower, 2 Chifley Square Sydney, NSW, 2000
Telephone: (02) 9216 9043
Email: [email protected]
27 February 2023
ASX ANNOUNCEMENT
Excelsior Capital Limited (ASX: ECL) Half-Year Results to 31 December 2022
Excelsior Capital Limited (ASX:ECL) today is pleased to announce the financial results for the half-year ended 31 December 2022 and attaches an Appendix 4D and Financial Statements.
Group Revenue for the six-months ended 31 December 2022 (H1 FY23) was $51.4 million, ($40.1 million, H1 FY22) up 28% over the prior comparative period (PCP).
Group net profit before tax on a statutory basis for the H1 FY23 was $6.9 million, ($4.7 million, H1 FY22) up 47% over the PCP.
The Board has declared an interim fully franked dividend of 3 cents per share with a Record Date of 8 March 2023 and is payable on 24 March 2023.
| Group Results SummaryRevenue ($)1Investment income ($)Statutory net profit after tax ($)2Earnings per share (cents)Cost to income ratio (%)Interim dividend per share (cents) | H1 FY23H1 FY22Change |
|---|---|
| 51.4m40.1mup 28%0.2m 0.07mup 185%4.8m3.3m up 45% | |
| 16.56c11.24cup 5.32c14.3%16.6%down 2.3pp | |
| 3.02.0up 1.0 c |
Due to rounding, numbers presented throughout this document may not add up precisely to the totals provided and the percentages may not precisely reflect the absolute figures.
1 Revenue of $51.4 million is shown net of rebates and includes other income. 2 Net profit after tax includes the impact of $105,794 expensed as a result of AASB16 Accounting for Leases.
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This announcement has been authorised for release to ASX by the ECL Board.
-ENDS
For further information, please contact:
Danny Herceg Leanne Catelan Chairman Executive Director +61 (02) 9216 9043 +61 (02) 9216 9043 [email protected] [email protected]
About Excelsior (ASX: ECL): Excelsior is a Listed Investment Entity, originally established in 1991, and listed on the ASX in 1993. Excelsior Capital Limited’s operations comprise the design and distribution of electrical components and cables for resource and infrastructure applications through its Electrical Division and an investment portfolio.
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