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SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Earnings Release 2025
Feb 18, 2025
65884_rns_2025-02-18_61c24186-ab36-4d25-8553-34493e5182da.pdf
Earnings Release
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ASX ANNOUNCEMENT & MEDIA RELEASE
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Appendix 4D for the half year ended 31 December 2024
Results for Announcement to the Market
The current reporting period is the half year ended 31 December 2024. The previous corresponding period is the half year ended 31 December 2023.
| Revenue and Net Profit | Half year ended | Half year ended | Change | Change |
|---|---|---|---|---|
| 31 Dec 2024 | 31 Dec 2023 | $’000 | % | |
| $’000 | $’000 | |||
| Revenue from ordinary activities | 397,411 | 255,548 | 141,863 | 55.5% |
| Profit/(loss) from ordinary activities after tax | 16,178 | 9,644 | 6,534 | 67.8% |
| attributable to members | ||||
| Net profit/(loss) for the full year attributable to | 16,178 | 9,644 | 6,534 | 67.8% |
| members |
Commentary on the results for the period is contained in the Interim Financial Report.
| y p | y p | y p | y p | p. | p. | p. | p. |
|---|---|---|---|---|---|---|---|
| DividendsAmount per securityFranked amountper security | |||||||
| DividendsAmount per securityFranked amountper security | |||||||
| Interim dividen | d | 2 | .5 cents | 2.5 cents | |||
| Record date for determining entitlements to the interim dividend26 March 2025Date the interim dividend is payable9 April 2025 |
The Company’s Dividend Reinvestment Plan will apply to the 2025 interim dividend. The last date for lodgement of election notices to participate in the Dividend Reinvestment Plan for the 2025 interim dividend is 5pm WST on Thursday 27 March 2025.
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Southern Cross Electrical Engineering Limited ABN 92 009 307 046 ASX: SXE
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| NTA Backing | Half year ended | Half year ended |
|---|---|---|
| 31 Dec 2024 | 31 Dec 2023 | |
| Net tangible asset backing per security (cents per share) | 30.3 cps | 27.4 cps |
Details of entities over which control has been gained or lost during the period
During the period there have been no changes to the Company’s controlled entities.
Details of associates and joint venture entities
Nil.
Authorised for release by Graeme Dunn – SCEE Group Managing Director
Contact:
SCEE Group Head Office Level 15, 225 St Georges Terrace Perth WA 6000 T: +61 8 9236 8300
Jonas Fitzgerald Investor Relations, Lancaster Grove Capital E: [email protected] T: +61 427 104 488
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