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PRL GLOBAL LTD — Interim / Quarterly Report 2017
Aug 31, 2017
65611_rns_2017-08-31_fc705445-d877-49a5-8592-acb0fbfa2109.pdf
Interim / Quarterly Report
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APPENDIX 4E
PRELIMINARY FINAL REPORT
GIVEN TO THE ASX UNDER LISTING RULE 4.3A
CI RESOURCES LIMITED
ABN – 70 006 788 754 ACN – 006 788 754
FOR THE YEAR ENDED 30 JUNE 2017
RESULTS FOR ANNOUNCEMENT TO THE MARKET
This Preliminary Final Report is provided to the Australian Securities Exchange (ASX) under Listing Rule 4.3A
Current reporting period:
30 June 2017
Previous corresponding period: 30 June 2016
RESULTS FOR ANNOUNCEMENT TO THE MARKET
| Revenue and net profit | Revenue and net profit | 2017$’000’s | Restated2016$’000’s | % Change |
|---|---|---|---|---|
| Revenue from ordinary activities | 149,812 | 188,982 | Down 20.7% | |
| Net Profit from ordinary activities after tax attributableto members | 20,586 | 34,597 | Down 40.5% | |
| Total Comprehensive Income for the periodattributable to members | 16,476 | 32,414 | Down 49.2% | |
| Dividends | Amount persecurity 2017 | FrankedAmount persecurity2017 | Amount persecurity 2016 | FrankedAmount persecurity2016 |
| Interim Dividend | 3.00c | 3.00c | 4.00c | 4.00c |
| Final Dividend | 7.00c | 7.00c | 8.00c | 8.00c |
Dividends totaling 11 cents per share have been paid during the year ended 30 June 2017. The Directors recommend the payment of a final dividend of 7 cent per share in respect of the year ended 30 June 2017.
Dividend payments
Date the final 2017 dividend is payable Record date to determine entitlements to the dividend Date final dividend was declared
7 November 2017 2 October 2017 30 August 2017
Review of Operations
The reported Net Profit attributable to members of the Company is $20.59 million (2016: $34.60 million). This equates to an Earnings Per Share of 17.81 cents (2016: 29.93 cents).
APPENDIX 4E - PRELIMINARY FINAL REPORT GIVEN TO THE ASX UNDER LISTING RULE 4.3A CI RESOURCES LIMITED - FOR THE YEAR ENDED 30 JUNE 2017
Entities over which control has been gained or lost during the period
During the current year, the Company did not gain or lose control of any entities.
Net tangible assets
| Net assets_Less_intangible assetsNet tangible assets of the companyFully paid ordinary shares on issue at balance dateNet tangible asset per issued ordinary share as at balance dateEarnings per share (attributable to the members of the parent)Basic earnings/(loss) per share (cents) | 30 June 2017$’000s180,659(7,158)173,501115,581,107$1.5017.81 | 30 June 2016$’000s176,897(7,158) |
|---|---|---|
| 169,739115,581,107$1.4729.93 |
Additional Appendix 4E disclosure requirements can be found in the directors’ report and the 30 June 2017 financial statements and accompanying notes.
Annual General Meeting
The Annual General Meeting will be held at: One World Hotel, Bandar Utama City Centre, Petaling Jaya, Malaysia Date: 24 November 2017 Time: 10.00 am
Audit details
This report is based on accounts which have been audited.
For and on behalf of the directors
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David Somerville Chairman
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Lai Ah Hong Managing Director
Dated: 30 August 2017
APPENDIX 4E - PRELIMINARY FINAL REPORT GIVEN TO THE ASX UNDER LISTING RULE 4.3A CI RESOURCES LIMITED - FOR THE YEAR ENDED 30 JUNE 2017