PPK Group Limited announced audited consolidated earnings results for the year ended June 30, 2018. For the year, the company reported revenue of AUD 35,107,000 against AUD 29,218,000 a year ago. Loss before income tax expense was AUD 1,561,000 against profit before income tax expense of AUD 560,000 a year ago. Loss after income tax expense was AUD 1,561,000 against profit after income tax expense of AUD 560,000 a year ago. Loss after income tax expense is attributable to owners of PPK Group Limited was AUD 1,561,000 or 2.3 cents basic and diluted per share against profit after income tax expense is attributable to owners of PPK Group Limited of AUD 560,000 or 0.8 cents basic and diluted per share a year ago. Net cash used in operating activities was AUD 176,000 against AUD 7,615,000 a year ago. Payment for purchase of plant and equipment was AUD 1,836,000 against AUD 215,000 a year ago.

The company provided earnings guidance for the full year of fiscal 2019. Internal full year group forecast is for continued improvement in revenue growth in the range of 15% to 25% and net profit before tax in the range of AUD 2.0 million to AUD 3.0 million, before any sales of capital equipment or one off expense items, allowing the Board to contemplate the reinstatement of a dividend for the coming financial year.