Australian Whisky Holdings Limited Reports Preliminary Audited Consolidated Earnings Results for the Year Ended June 30, 2018
August 31, 2018 at 04:17 am IST
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Australian Whisky Holdings Limited reported preliminary audited consolidated earnings results for the year ended June 30, 2018. For the year, the company reported revenue of AUD 428,476 against AUD 96,570 a year ago. Loss before income tax was AUD 3,388,235 against AUD 2,637,474 a year ago. Loss for the year was AUD 3,388,235 against AUD 2,637,474 a year ago. Basic and diluted loss per share was 0.69 cents against 0.97 cents a year ago. Net cash used in operating activities was AUD 4,999,920 against AUD 2,770,068 a year ago. Purchase of property, plant and equipment was AUD 3,284,222 against AUD 6,446,466 a year ago.
Lark Distilling Co. Ltd is an Australia-based company, which is engaged in the production, marketing, selling and distribution of Australian craft spirits. The Company has three segments: whisky, gin and other. It offers about 51 Whisky products, such as Dark Lark Single Malt Whisky, Classic Cask, Boilermaker House Whisky Bar Limited Release, and Para 1992 Cask Finish with 100ml Tawny Liqueur, among others. It offers about eight Gin products, which include Forty Spotted Citrus & Pepperberry + Pinot Noir Gin, Forty Spotted Classic Gin & Raspberry + Rose, Forty Spotted Classic, Forty Spotted Tassie Bush Honey, Forty Spotted Wild Rose, Forty Spotted Citrus & Pepperberry, Forty Spotted Raspberry & Rose, and Forty Spotted Pinot Noir. It operates in Tasmania and Australia. It markets its products via traditional off-premise retailers and on-premises bars, and via its direct-to-consumer business, which is hospitality and online e-commerce. Its primary focus is Whisky and the Lark brand.