KSK has released its results to March. These have reported revenues at US$382m coming in ahead of our US$344m. Operating profit was below our number however at US$40.6m versus our US$60.1m due in part to a US$24.6m impairment of compensation due on previous coal sales to the Wardha plant which are now to be settled by revised future prices as opposed to upfront cash. This had a knock on effect causing PBT to be behind our (US$136m) at (US$160m). EPS was ahead however coming in at (32.2c) vers
21 Jul 2015
KSK Power Ventur*
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KSK Power Ventur*
KSK Power Ventur plc (KSK:LON) | 0 0 0.0% | Mkt Cap: 3.94m
- Published:
21 Jul 2015 -
Author:
Daniel Slater -
Pages:
3
KSK has released its results to March. These have reported revenues at US$382m coming in ahead of our US$344m. Operating profit was below our number however at US$40.6m versus our US$60.1m due in part to a US$24.6m impairment of compensation due on previous coal sales to the Wardha plant which are now to be settled by revised future prices as opposed to upfront cash. This had a knock on effect causing PBT to be behind our (US$136m) at (US$160m). EPS was ahead however coming in at (32.2c) vers