Villa World Limited reported unaudited earnings results for the first half ended December 31, 2014. For period, the company recorded a statutory net profit after tax of AUD 13.0 million or 13.9 cents per share compared to a net profit after tax of AUD 7.6 million or 9.3 cents per share for the period ended first half of 2014. Statutory profit before tax was AUD 11.1 million or 11.8 cents per share at the top end of December. Net profit attributable to equity holders of the company for the first six months ended December 31, 2014 was AUD 7.56 million, or 9.2 cents per diluted share, compared to a net loss attributable to equity holders of the company of AUD 19.66 million, or a loss of 26.4 cents per diluted share, for the same period ended December 31, 2013. Gross profit for the first six months ended December 31, 2014 was AUD 24.8 million, compared to AUD 24.47 million for the same period ended December 31, 2013. Profit before income tax was AUD 9.39 million, compared to a loss before income tax of AUD 21.63 million for the same period ended December 31, 2013.

The company targeting net profit before tax for fiscal year 2015 of at least AUD 28.5 million, with both profit and sales weighted to the second half 2015.