Padenga Holdings Limited announced audited consolidated earnings results for the year ended December 31, 2015. For the year, the company reported revenue of USD 27,491,537 compared to USD 27,969,684 a year ago. Operating profit before depreciation, impairment and amortization was USD 9,985,704 compared to USD 8,952,059 a year ago.

Operating profit before interest and fair value adjustments was USD 7,257,234 compared to USD 7,329,853 a year ago. Profit before tax was USD 9,950,208 compared to USD 8,723,234 a year ago. Profit for the year was USD 7,085,418 compared to USD 6,453,202 a year ago.

Profit for the period attributable to equity holders of the parent was USD 7,255,522 or USD 1.34 per share basic and diluted compared to USD 6,004,870 or USD 1.11 per share basic and diluted a year ago. Net cash generated from operations was USD 10,950,337 against USD 3,559,463 a year ago. Capital expenditure (property, plant & biological assets) was USD 2,377,813 against USD 2,247,860 a year ago.

The increase in cash generation was mainly attributed to an increased operating profit and a decrease in debtors of USD 3,497,124.