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PPK GROUP LIMITED — Earnings Release 2013
Jun 30, 2013
65603_rns_2013-06-30_1eadc309-4cf1-42ea-aca4-b717326ff9fb.pdf
Earnings Release
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1 July 2013
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ASX ANNOUNCEMENT
FY 2013 PROFIT GUIDANCE
PPK Group Limited ( PPK ) advises that based on unaudited management accounts, the forecast profit after tax for FY 2013 is in the range of $1.9 million to $2.1 million.
This is an increase of 23% to 36% on the profit after tax of $1,543,000 in FY 2012.
Whilst earnings of the Rambor Pty Ltd mining equipment and services business have been adversely affected by the current uncertainties in the resources sector, profit from the KiahWilloughby property project, interest earnings on secured loan funds, other investment earnings and full rental income and outgoings recovery from now fully leased industrial properties owned by PPK have contributed to the improved FY 2013 earnings.
____________________________ Jury Wowk Chairman
PPK Group Limited
ABN: 65 003 964 181 PO BOX H18 AUSTRALIA SQUARE NSW 1215 TEL: +61 2 9241 7372