Louis plc Reports Unaudited Consolidated Earnings Results for the Half Year Ended June 30, 2018
Louis plc reported unaudited consolidated earnings results for the half year ended June 30, 2018. For the period, the company reported income of €49,284,000 against €39,151,000 a year ago. Operating profit before interest, taxes, depreciations, amortizations and hotel rents was €12,915,000 against €9,684,000 a year ago. Profit from operations was €2,371,000 against loss of €435,000 a year ago. Profit before taxation was €258,000 against loss of €3,001,000 a year ago. Loss for the period attributable to company owners was €17,000 against €3,267,000 a year ago. Basic and fully diluted loss per share was 0.004 cents against 0.709 cents a year ago. Net cash flow from operations was €30,183,000 against €25,552,000 a year ago. Payments for the purchase of property, vessels, plant and equipment was €4,275,000 against €2,368,000 a year ago.