Stargroup Limited Announces Consolidated Earnings Results for the Half Year Ended December 31, 2016
February 28, 2017 at 02:57 am IST
Stargroup Limited announced consolidated earnings results for the half year ended December 31, 2016. For the period, the company reported revenues from continuing operations of AUD 4,017,195 against AUD 1,225,156 a year ago. Loss from continuing operations before income tax and finance costs was AUD 1,486,607 against AUD 1,076,733 a year ago. Loss before income tax was AUD 1,497,883 against AUD 1,071,067 a year ago. Net loss for the period was AUD 1,497,883 against AUD 1,071,067 a year ago. Loss attributable to members of the parent entity was AUD 1,497,883 against income attributable to members of the parent entity of AUD 618,179 a year ago. Basic and diluted loss per share was 0.25 cents compared to 0.45 cents a year ago. Basic and diluted loss per share from continuing operations was 0.25 cents compared to 0.45 cents a year ago. Net cash flow from operating activities was AUD 1,365,715 against net cash used in operating activities of AUD 1,584,670 a year ago. Purchase of plant and equipment was AUD 744,993 against AUD 1,970 a year ago.