Axia Corporation Limited Announces Unaudited Earnings Results for the Six Months Ended December 31, 2017
Axia Corporation Limited announced unaudited earnings results for the six months ended December 31, 2017. For the period, the company reported revenue of USD 134,328,438 as compared to USD 101,339,790 a year ago. Operating profit before impairment, depreciation, amortisation and fair value adjustments was USD 13,333,085 as compared to USD 8,640,836 a year ago. Operating profit before interest, equity accounted earnings and fair value adjustments was USD 13,970,480 as compared to USD 8,462,855 a year ago. Profit before tax was USD 13,772,975 as compared to USD 8,920,934 a year ago. Profit for the period attributable to equity holders of the parent was USD 6,429,572 as compared to USD 4,033,608 a year ago. Diluted and basic earnings per share were 1.18 cents as compared to 0.74 cents a year ago. Diluted headline earnings per share were 1.18 cents as compared to 0.74 cents a year ago. Capital expenditure was USD 2,134,258. Net cash generated from operating activities was USD 1,081,123 as compared to USD 4,132,816 a year ago. Headline earnings attributable to ordinary shareholders was USD 6,447,081 as compared to USD 4,030,684 a year ago.