Barrack St Investments Limited Announces Audited Earnings Results for the Year Ended June 30, 2018
August 28, 2018 at 02:19 am EDT
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Barrack St Investments Limited announced audited earnings results for the year ended June 30, 2018. For the year, the company reported revenue of AUD 451,101 compared to AUD 400,085 a year ago. Profit before income tax was AUD 2,268,586 compared to AUD 858,750 a year ago. Profit after income tax was AUD 1,688,509 compared to AUD 692,517 a year ago. Total Total comprehensive income for the year was AUD 2,400,000 or 9.22 cents per basic and diluted share compared to loss of AUD 67,238 or 3.90 cents per basic and diluted share a year ago. Net cash used in operating activities was AUD 203,021 compared to AUD 730,132 a year ago. Payments for investments were AUD 14,500,268 compared to AUD 14,188,273 a year ago.
ECP Emerging Growth Limited is an Australia-based investment company. The principal activity of the Company is investing in a diversified portfolio of quality small to mid-cap companies listed on the Australian Securities Exchange. Its investment objectives of the Company are to achieve medium to long-term capital growth and income through investing in a diversified portfolio of small and mid-cap Australian companies, to preserve and enhance the net tangible assets (NTA) backing per share and to provide Company Shareholders with a fully franked dividend which, overtime, will grow at a rate in excess of the rate of inflation. Its core business focuses on investing in Australian equities to achieve medium to long-term capital growth and income. The Company holds investments in various sectors, such as consumer discretionary, financials, information technology, telecommunications, health care, consumer staples, and industrials. Its investment manager is ECP Asset Management Pty Ltd.
ECP EMERGING GROWTH LIMITED 
