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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%

ENDS