Stealth Global Holdings Limited Announces Audited Consolidated and Parent Earnings Results for the Year Ended June 30, 2018
September 28, 2018 at 05:03 am EDT
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Stealth Global Holdings Limited announced audited consolidated and parent earnings results for the year ended June 30, 2018. For the period, on consolidated basis, the company reported sales revenue of AUD 23,073,543 compared to AUD 17,015,186 a year ago. Service revenue was AUD 380,871 compared to AUD 620,488 a year ago. Loss from continuing operations before tax was AUD 513,590 compared to profit of AUD 72,881 a year ago. Loss for the year attributable to owners of the company was AUD 497,007 compared to profit of AUD 19,756 a year ago. Basic and diluted loss per share for profit attributable to the ordinary equity holders of the company was AUD 47.22 against AUD 1.95 a year ago. Basic and diluted loss per share for profit from continuing operations attributable to the ordinary equity holders of the company was AUD 47.22 against AUD 1.95 a year ago. Net cash from operating activities was AUD 976,450 compared to AUD 204,435 a year ago. Payments for plant & equipment were AUD 72,328 compared to AUD 110,096 a year ago.
For the period, on parent basis, the company reported loss for the period of AUD 445,109 compared to AUD 30,495 a year ago.
Stealth Group Holdings Ltd, formerly Stealth Global Holdings Ltd, is an Australia-based industrial distribution group combining company owned and independent retailer assets. The Company is engaged in providing more than one million products, supplies, parts, and accessories to business, trade, and retail customers. Its product range includes industrial, tools, safety, PPE, workwear, hardware, building, construction, truck & trailer, automotive, electrical, materials handling, cleaning & janitorial, tapes, workplace consumables and other related products and services. Its businesses include Heatleys Safety & Industrial, C&L Tool Centre, Skipper Transport Parts, Industrial Supply Group, and United Tools. It operates across the end-to-end supply chain, covering business, trade, retail, service and the specialist wholesale sector, serving customers of all sizes from a broad collection of industries, such as commercial, mining, resources, industrial, government, transport and automotive.