AI assistant
SKS TECHNOLOGIES GROUP LIMITED — Earnings Release 2014
Feb 17, 2014
65805_rns_2014-02-17_311e9b6c-77c9-4f54-af26-c483e616a710.pdf
Earnings Release
Open in viewerOpens in your device viewer
==> picture [533 x 58] intentionally omitted <==
Stokes Earnings Guidance
18 February 2014 . The Directors of Stokes Limited (ASX:SKS) are pleased to provide earnings guidance to shareholders subject to final review for the half year to 31 December 2013.
The period has been successful having completed the restructuring program and the acquisition of two businesses. This has resulted in sales of approximately $7.5M (2012:$6.5M) a 14% increase and a reported profit of approximately $10K (2012: a loss of $2.34M inclusive of restructuring costs and inventory write downs or a loss of $645K excluding restructuring costs and inventory write downs).
This marks the first profit the company has reported in three and a half years and we expect to continue this improved operational performance over the coming year.
Further Information: Con Scrinis Rudi Michelson Managing Director Monsoon Communications 0412 331618 03 9620 3333
==> picture [515 x 60] intentionally omitted <==