Connect Group Reports Audited Consolidated Earnings Results for the Second Half and Full Year Ended December 31, 2012
For the year, the company's sales were 141,638,000 against 148,231,000 a year ago. Operating loss from continuing operations was 175,000 against operating income from continuing operations of 5,030,000 a year ago. Loss from continuing operations was 1,466,000 or 0.14 basic and diluted per share against profit from continuing operations of 3,735,000 or 0.36 basic and diluted per share a year ago. Profit attributable equity holders of the parent were 3,034,000 against 3,735,000 a year ago. Diluted earnings per share from continuing plus discontinued operations were 0.29 against 0.36 a year ago. Net cash from operating activities was 6,500,000. Investments in property, plant and equipment were 2,471,000 against 1,274,000 a year ago.