The half-year results to the end of June were in line with expectations and place the group comfortably on track to achieve the NPAT guidance range of A$5m to A$7m, with a seasonally stronger 2H anticipated. Many of the operational items had been pre-announced, so the results contained no surprises. The shares have declined by 26% over the last month, with sentiment affected by the backdrop of weaker Chinese stock markets. With the P/E rating at less than 9x for the current year, we see stron
01 Sep 2015
Interim results on track with strong momentum
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Interim results on track with strong momentum
- Published:
01 Sep 2015 -
Author:
David Buxton - Pages:
The half-year results to the end of June were in line with expectations and place the group comfortably on track to achieve the NPAT guidance range of A$5m to A$7m, with a seasonally stronger 2H anticipated. Many of the operational items had been pre-announced, so the results contained no surprises. The shares have declined by 26% over the last month, with sentiment affected by the backdrop of weaker Chinese stock markets. With the P/E rating at less than 9x for the current year, we see stron