Djerriwarrh Investments Limited Announces Audited Earnings Results for the Year Ended June 30, 2017
July 16, 2017 at 08:14 pm EDT
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Djerriwarrh Investments Limited announced audited earnings results for the year ended June 30, 2017. For the year, the company's total revenue was AUD 30.937 million compared with AUD 36.999 million a year ago. Income from operating activities was AUD 44.153 million compared with AUD 55.130 million a year ago. Net operating result for the year was AUD 33.842 million compared with AUD 42.204 million a year ago. Profit for the year was AUD 33.678 million or 15.39 cents per basic share compared with AUD 40.718 million or 18.63 cents per basic share a year ago. Net cash inflow from operating activities was AUD 36.126 million compared with AUD 34.403 million a year ago. Net tangible asset backing per share after tax was AUD 3.26 compared to AUD 3.18 a year ago.
Djerriwarrh Investments Limited is an Australia-based investment company. The Company is engaged in Australian equities with a focus on stocks where there is an active options market. The Company uses exchange-traded options to enhance income returns for investors. The Company seeks to provide an enhanced level of fully franked income that is higher than what is available from the S&P/ASX 200 index. The enhanced dividend yield is achieved through a bias to investing in higher dividend yielding companies, as well as using option strategies to generate additional income and realized capital gains. The Company invests in various sectors, including other financials, banks, industrials, materials, healthcare, consumer discretionary, consumer staples, real estate, communication services, energy, information technology, and cash.
DJERRIWARRH INVESTMENTS LIMITED 
