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MACMAHON HOLDINGS LIMITED — Earnings Release 2021
Feb 22, 2021
65291_rns_2021-02-22_d0f85223-efd9-437a-87e5-558e6ea991a9.pdf
Earnings Release
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23 February 2021
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Appendix 4D
Results for Announcement to the Market
For the six months ended 31 December 2020
Name of entity: Macmahon Holdings Limited ACN: 007 634 406
Compared with the six months ended 31 December 2019
Results for announcement to the market
| In millions of AUD | |||||||
|---|---|---|---|---|---|---|---|
| Revenue from ordinary activities | down | 4.99% |
to | 652.5 |
|||
| Profit after income tax | up | 55.88% | to | 44.8 |
|||
| Profit after tax attributable to members | up | 55.88% | to | 44.8 |
|||
| Basic earnings per share (cents) | up | 55.47% | to | 2.13 |
|||
| Dividends | Amount | Franked | Record date | Payment date | |||
| per | amount | for interim | for interim | ||||
| security | per security | dividend | dividend | ||||
| Interim dividend declared | 0.300 | cents | 0.060 cents | 17 March 2021 |
7 April 2021 | ||
| In cents of AUD | 31 December 2020 | 30 June 2020 | |||||
| Net tangible assets per security | 22.9 | 22.1 |
For a brief explanation of the figures reported above refer to the Interim Financial Report for 31 December 2020.
Changes in controlled entities:
On 6 July 2020, the Group deregistered 100% of the voting shares of Progressive Services Mongolia Pte Ltd. On 24 July 2020, PT Macmahon Labour Services was incorporated in Indonesia, of which the Group holds 49% of the voting shares. The Group did not gain or lose control over any other entities during the period.
Joint ventures:
| Ownership | interest | |||
|---|---|---|---|---|
| Joint venture | Principal activities | 31 December 2020 | 30 | June 2020 |
| PT Macmahon Mining Services | Mining services | 50.0% | 50.0% | |
| PT Macmahon Labour Services | Mining services | 49.0% | 0.0% |