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Graincorp Reports Net Loss of $58.9m for Half-Year to 31 March 2019

16 May 2019  |  18:15:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Appendix 4D and Interim Financial Report to 31 March 2019

Graincorp reported net loss of $58.9m for the half-year ended 31 March 2019. Revenue from ordinary activities were $2,492.9m, up 25.5% from last year. Diluted EPS was (25.7) cents compared to 15.8 cents last year. The net operating cash outflow was $181.5m compared to an outflow of $39.3m in the pcp. No dividend was declared.

Graincorp Half Year Results to 31 March 2019

6 Months to 31 March 2019 ($A'000) 6 Months to 31 March 2018 ($A'000)
Revenue 2,492,900 2,013,400
Pre-Tax Profit (Loss) (86,200) 24,400
Net Profit (Loss) (58,900) 36,100
Operating Cash Flow (181,500) (39,300)
Interim Dividends (cents) nil 8
Diluted EPS (cents) (25.7) 15.7
NTA (cents) 594 618
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