Monday, 15 July 2013

Dividend Chaser on K-green Results

(From Article)

Monday, 15 July 2013

K-Green: 1H FY2013 RESULTS HIGHLIGHTS


1. Excluding construction revenue arising from the flue gas treatment upgrade following its completion last year, Group revenue for 1H 2013 remained stable at $33.8 million compared to 1H 2012.

2. Profit after tax for 1H 2013 was $7.1 million, contributing to earnings per unit (EPU) of 1.12 cents for the period. Excluding the contribution from the construction of the flue gas treatment upgrade last year, profit after tax was $0.5 million or 6.4% lower compared to 1H 2012.

3. Distribution per unit (DPU) for 1H 2013 remained stable at 3.13 cents compared to 1H 2012.

4. Net asset value per unit as at 30 June 2013 was $1.02.

5. Cash generated from operations was $23.0 million for 1H 2013.

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