Embelton Limited Announces Audited Consolidated Earnings Results for the Year Ended June 30, 2018
August 23, 2018 at 12:13 am EDT
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Embelton Limited announced audited consolidated earnings results for the year ended June 30, 2018. For the year, the company reported total revenues of AUD 59,354,000 against AUD 44,186,000 a year ago. Profit before tax was AUD 4,026,000 against AUD 3,306,000 a year ago. Profit after tax was AUD 2,802,000 against AUD 2,201,000 a year ago. Net profit for the period attributable to members was AUD 2,802,000 against AUD 2,201,000 a year ago. Basic and diluted EPS was 130 cents compared to 102 cents a year ago. Negative net operating cash flows were AUD 11,000 against AUD 1,326,000 a year ago. Payment for purchases of property, plant and equipment was AUD 3,142,000 against AUD 908,000 a year ago.
Embelton Limited is a wholesale distributor of flooring and other products. The Company's principal activities consist of manufacture and distribution of flooring products, structural noise and vibration control systems, metal fabrication, rubber and cork sheeting, and other industrial products. The Companyâs segments include Commercial, Merchandising and Manufacturing. Commercial segment comprises the supply and installation of various building materials and installation on commercial projects. Merchandising segment comprises the sale of various building materials into all other sectors. Manufacturing segment is engaged in manufacturing operations supply to both market segments. Its flooring and consumer products include timber, bamboo, hybrid, laminate, adhesives and finishes, among others. Its industrial and construction products include structural noise and vibration isolation systems, anti-vibration mountings - springs and rubber, recycled and natural rubber sheets, among others.