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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:
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KSJV
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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