Ridley Corporation Limited Reports Audited Consolidated Earnings Results for the Full Year Ended June 30, 2016
August 28, 2016 at 07:23 pm EDT
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Ridley Corporation Limited reported audited consolidated earnings results for the full year ended June 30, 2016. For the period, the company reported revenue from continuing operations of AUD 912,561,000 against AUD 907,599,000 a year ago. Profit from continuing operations before income tax expense was AUD 40,315,000 against AUD 36,049,000 a year ago. Profit from continuing operations after income tax expense was AUD 27,203,000 or 8.8 cents per diluted share against AUD 25,743,000 or 8.4cents per diluted share a year ago. Net profit after tax attributable to members of the company was AUD 27,606,000 or 9.0 cents per diluted share against AUD 21,171,000 or 6.9 cents per diluted share a year ago. Net cash inflow from operating activities was AUD 17,612,000 against AUD 47,059,000 a year ago. Payments for property, plant and equipment were AUD 34,170,000 against AUD 33,827,000 a year ago. Payments for intangibles were AUD 698,000 against AUD 446,000 a year ago. EBITDA was AUD 53.5 million against AUD 51.0 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 
