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MAGONTEC LIMITED — Earnings Release 2012
Aug 30, 2012
65327_rns_2012-08-30_bcc6e63b-5fbc-4093-bf80-e05fa663854f.pdf
Earnings Release
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APPENDIX 4E
Preliminary Final Report For the financial year ended 30 June 2012
Magontec Limited ABN 51 010 441 666
Current reporting period: 30 June 2012 Previous corresponding period: 30 June 2011
Contents
| Item Number |
Description |
|---|---|
| 1 2 3 4 |
Results for announcement to the market Commentary on results for the year Net tangible assets per share Information on Audit or Review Executive Chairman’s Message As per 2012 Annual Report lodged simultaneously with this Appendix Corporate Governance Statement Directors’ Report (including Remuneration Report) Independent Audit Declaration Financial Statements and Notes to the Financial Statements Directors’ Declaration Independent Audit Report Shareholder Information |
This Preliminary Final Report is provided to the Australian Stock Exchange under ASX Listing Rule 4.3A
(i)
Appendix 4E Magontec Limited
Results for announcement to the market
1 Revenue and net profit
| Percentage change |
Amount $ |
|||
|---|---|---|---|---|
| Gross revenue including revenue from discontinued operations |
Up | 460% | to | 126,525,834 |
| The amount and percentage change up or down from the previous corresponding period of profit (loss) from ordinary activities after tax attributable to members. |
Up | 115% | to | 280,574 |
| The amount and percentage change up or down from the previous corresponding period of net profit (loss) for the period attributable to members. |
Up | 549% | to | (1,301,346) |
Dividends
| Amount per security |
Franked amount per security |
||
|---|---|---|---|
| Final dividend | Nil | Nil | |
| Previous corresponding period | Nil | Nil | |
| Record date | n/a |
2 Commentary on results for the year
Revenue
Gross revenue including revenue from discontinued operations for 2012 is as follows:
| Alloys Anodes Other Total |
106,211,893 18,696,791 1,617,151 |
|---|---|
| 126,525,834 |
(ii)
Appendix 4E Magontec Limited
2 Commentary on results for the year (cont’d)
Results
The results for the financial year include the consolidation of accounts for Magontec Group acquired by MGL during the year. The details of the acquisition are disclosed in Note 26 of the 2012 annual accounts.
3 Net tangible assets per share
Net tangible assets per ordinary share at 30 June 2012
1.699 cents (30 June 2011: 1.885 cents).
4 Information on audit or review
The accounts lodged with this Appendix are unaudited.
(iii)