Angostura Holdings Limited Announces Consolidated Unaudited Earnings Results for the Fourth Quarter and Audited Earnings Results for the Full Year Ended 31 December 2017
March 29, 2018 at 04:14 pm EDT
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Angostura Holdings Limited announced consolidated unaudited earnings results for the fourth quarter and audited Earnings results for the full year Ended 31 December 2017. For the year, the company reported revenue of TTD 575,199,000 compared to TTD 620,469,000 a year ago. Gross profit was TTD 370,851,000 compared to TTD 371,346,000 a year ago. Results from operating activities were TTD 158,861,000 compared to TTD 169,716,000 a year ago. Results from continuing operations were TTD 160,359,000 compared to TTD 169,177,000 a year ago. Profit before tax was TTD 154,222,000 compared to TTD 168,139,000 a year ago. Profit for the year was TTD 111,107,000 compared to TTD 121,957,000 a year ago. Profit for the year attributable to owners of the Group was TTD 111,107,000 or TTD 0.54 per basic and diluted share compared to TTD 121,957,000 or TTD 0.59 per basic and diluted share a year ago. Net cash flows from operating activities were TTD 160,865,000 compared to TTD 212,205,000 a year ago. Acquisition of property, plant and equipment was TTD 10,702,000 compared to TTD 14,392,000 a year ago
For the quarter, the company reported revenue of TTD 195,815,000 compared to TTD 162,276,000 a year ago. Gross profit was TTD 124,128,000 compared to TTD 91,832,000 a year ago. Results from operating activities were TTD 53,186,000 compared to TTD 30,282,000 a year ago. Results from continuing operations were TTD 53,716,000 compared to TTD 30,251,000 a year ago. Profit before tax was TTD 47,833,000 compared to TTD 34,202,000 a year ago. Profit was TTD 37,029,000 compared to TTD 27,903,000 a year ago. Profit attributable to owners of the Group was TTD 37,029,000 or TTD 0.18 per basic and diluted share compared to TTD 27,903,000 or TTD 0.14 per basic and diluted share a year ago.
Angostura Holdings Limited is a holding company. The Company's subsidiaries are engaged in the manufacture and sale of rum, Angostura aromatic bitters and other spirits, and the bottling of alcoholic and other beverages on a contract basis. The Company's Rum segment manufactures and sells consumer alcohol products. Its Bitters segment manufactures and sells Angostura aromatic bitters. Its LLB sells and distributes Angostura Lemon, Lime and Bitters. Its Bulk segment manufactures and sells bulk concentrate products such as current distillate (CD), blends, and bulk bitters. Its Other segment consists of both locally manufactured and imported products for sale such as Wines, liquors and other branded Spirits. It offers drinks, such as Angostura 1824, Angostura 1787, Angostura 1919, Angostura 7-year-Old rum, Angostura 5year Old rum, Angostura Reserva, Angostura Single Barrel and Tamboo, White Oak, and its array of flavors include sorrel, coconut, watermelon, pink grapefruit, and pineapple.
Angostura Holdings Limited Announces Consolidated Unaudited Earnings Results for the Fourth Quarter and Audited Earnings Results for the Full Year Ended 31 December 2017