Cash Converters International Limited Announces Executive Changes; Announces Audited Consolidated Earnings Results for the Second Half and Financial Year Ended June 30, 2018
The company announced audited consolidated earnings results for the second half and financial year ended June 30, 2018. For the year, the company has reported a net profit after tax (NPAT) of $22.5 million for the financial year ended 30 June 2018, an increase on the prior year of 9.1%. The strength of the company's full year result reflects a stronger than anticipated second half of fiscal year 2018, successfully delivered in a difficult industry environment. EBITDA was $49.8 million up 8.9% on previous corresponding period. Revenues from ordinary activities $260,345,000 against $271,241,000 a year ago. Net profit for the period attributable to members $22,503,000 against $20,618,000 a year ago.
For the second half, it reported NPAT result of $13.1 million.