Ridley Corporation Limited Announces Audited Consolidated Earnings Results for the Fiscal Year Ended June 30, 2018
August 21, 2018 at 07:54 pm EDT
Share
Ridley Corporation Limited announced audited consolidated earnings results for the fiscal year ended June 30, 2018. For the year, the company reported revenue from continuing operations of AUD 917,660,000 compared to AUD 852,923,000 a year ago. Profit from continuing operations before income tax expense was AUD 21,719,000 compared to AUD 34,287,000 a year ago. Profit from continuing operations after income tax expense AUD 17,409,000 compared to AUD 25,815,000 a year ago. Net profit after tax attributable to members of the company was AUD 17,409,000 compared to AUD 25,815,000 a year ago. Earnings per diluted share was 5.6 cents compared to 8.2 cents a year ago. Net cash from operating activities was AUD 50,900,000 compared to AUD 29,655,000 a year ago. Payments for property, plant and equipment was AUD 36,131,000 compared to AUD 33,779,000 a year ago. Payments for intangibles was AUD 4,292,000 compared to AUD 3,593,000 a year ago. EBIT from operations before non-recurring costs was AUD 38.0 million compared to AUD 34.9 million a year ago.
Ridley Corporation Limited is an Australia-based company that is engaged in the production of animal nutrition solutions. The Company operates through two segments: Packaged Feeds and Ingredients and Bulk Stockfeeds. The Packaged Feeds and Ingredients segment comprises animal nutrition feed and ingredient solutions delivered in packaged form, ranging from one ton down to three kilograms bags. It also includes the Aquafeed Business Unit. The Bulk Stockfeeds segment includes animal nutrition stockfeed solutions delivered in bulk. Its product categories include packaged products, Monogastric Commercial Feeds, Ruminant Commercial Feeds, Aqua Feeds and Rendered Ingredients. It provides nutritional feed to a range of species, including dairy cows, poultry, pigs, beef cattle, horses, sheep, dogs, rodents, and native animals at all stages of life. The Company provides its products under the brand names Barastoc, Cobber, Rumevite, Primo, and Ridley.
RIDLEY CORPORATION LIMITED 
