Djerriwarrh Investments Limited Announces Earnings Results for the Six Months Ended December 31, 2017
February 19, 2018 at 10:34 pm EST
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Djerriwarrh Investments Limited announced earnings results for the six months ended December 31, 2017. For the six months, the company announced total revenue was $17,481,000 compared to $16,088,000 for the same period a year ago. Income from operating activities was $20,193,000 compared to $21,057,000 for the same period a year ago. Operating result before income tax was $17,132,000 compared to $17,915,000 for the same period a year ago. Net operating result was $16,353,000 compared to $16,663,000 for the same period a year ago. Profit for the half-year was $11,907,000 compared to $12,376,000 for the same period a year ago. Net operating result per share was 7.44 cents compared to 7.62 cents for the same period a year ago. Profit for the half-year per share was 5.42 cents compared to 5.66 cents for the same period 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 
