Djerriwarrh Investments Limited Reports Earnings Results for the Six Months Ended December 31, 2018
January 17, 2019 at 04:18 am IST
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Djerriwarrh Investments Limited reported earnings results for the six months ended December 31, 2018. For the period, the company reported total revenue of AUD 19,307,000 as compared to AUD 17,481,000 for the same period last year. Income from operating activities was AUD 23,728,000 as compared to AUD 20,193,000 for the same period last year. Operating result before income tax expense was AUD 20,929,000 as compared to AUD 17,132,000 for the same period last year. Net operating result for the half-year was AUD 19,556,000 as compared to AUD 16,353,000 for the same period last year. Profit for the half-year was AUD 23,790,000 as compared to AUD 11,907,000 for the same period last year. Basic earnings per share was 10.74 cents as compared to 5.42 cents for the same period last year.
Djerriwarrh Investments Limited is an Australia-based investment company. The Company is engaged in Australian equities with a focus on stocks where there is an active options market. The Company uses exchange-traded options to enhance income returns for investors. The Companyâs investment objective aims to pay a higher level of fully franked dividend than is available from the S&P/ASX 200 and to provide capital growth over the medium to long term. Its enhanced yield is achieved through a bias to investing in companies with higher dividend income, produced over the short and long term, as well as using option strategies to generate additional income. The Company invests in various sectors, including other financials, banks, industrials, materials, health care, cash, communication services, real estate, energy, consumer discretionary, consumer staples and information technology.
DJERRIWARRH INVESTMENTS LIMITED 
