Padenga Holdings Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2017
Padenga Holdings Limited reported unaudited consolidated earnings results for the six months ended June 30, 2017. For the six months, the company reported revenue of $2,964,250 against $6,108,323 a year ago. Operating loss before depreciation and amortization was $4,120,807 against $3,001,837 a year ago. Profit before tax was $4,327,177 against $2,795,227 a year ago. Profit for the period attributable to equity holders of the parent was $4,250,806 against $2,348,261 a year ago. Earnings per share basic and diluted were 0.78 cents against 0.43 cents a year ago. Net cash generated from operations was $49,361 against net cash used in operations of $2,940,574 a year ago. Purchase of property, plant and equipment was $1,275,165 against $1,337,490 a year ago. Expenditure on non-current biological assets was $120,012 against $49,499 a year ago. Purchase of intangible assets was $8,930.