Stargroup Limited Announces Audited Consolidated Earnings Results for the Year Ended June 30, 2016
September 30, 2016 at 12:01 am EDT
Stargroup Limited announced audited consolidated earnings results for the year ended June 30, 2016. For the year, the company reported revenues from continuing operations of AUD 3,659,418 against AUD 589,289 a year ago. Loss from continuing operations before financing items was AUD 1,239,016 against AUD 2,876,414 a year ago. Loss before income tax was AUD 1,258,193 against AUD 2,875,564 a year ago. Loss after tax was AUD 1,258,193 against AUD 2,875,564 a year ago. Basic and diluted loss per share was 0.38 cents against 3.74 cents a year ago. Net cash used in operating activities was AUD 1,501,025 against AUD 956,968 a year ago. Payments to purchase property, plant and equipment was AUD 1,450,218 against 1,545 a year ago.