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SOUTHERN CROSS ELECTRICAL ENGINEERING LTD Interim / Quarterly Report 2020

Feb 25, 2020

65884_rns_2020-02-25_47a6c277-d1f1-402b-8dff-4c4bcbd92e3c.pdf

Interim / Quarterly Report

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Appendix 4D

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The current reporting period is the half year ended 31 December 2019. The previous corresponding period is the half year ended 31 December 2018.

Revenue and Net Profit Half Year Half Year Change
Ended Ended
31 Dec 2019 31 Dec 2018
$’000 $’000 $’000 %
Revenue from ordinary activities 230,340 181,763 48,577 26.7
Profit/(Loss) from ordinary activities after tax
attributable to members
5,535 4,453 1,082 24.3
Net profit/(loss) attributable to members 5,535 4,453 1,082 24.3
Dividends Amount per security Franked amount per
security
Interim dividend Nil Nil
Record date for determining entitlements to the N/a
dividend
Date the interim dividend is payable N/a
The Company operates a dividend re-investment plan.
NTA Backing Half Year Ended Half Year Ended
31 Dec 2019 31 Dec 2018
Net tangible asset backing per security (cents per share) 32.1 cps 27.8 cps

Southern Cross Electrical Engineering Limited ABN 92 009 307 046

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Details of entities over which control has been gained or lost during the period

During the period there was no change to controlled entities of Southern Cross Electrical Engineering Ltd (“the Group” or “SCEE”).

Details of associates and joint venture entities

The Company has a 50% interest in the following joint venture entities:

  • KSJV

  • KSJV Australia Pty Ltd

Commentary on the Results for the Period

Commentary on the results for the period is contained in the Interim Financial Report.

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Southern Cross Electrical Engineering Limited

ABN 92 009 307 046