$53M NPAT for Select Harvest (ASX:SHV)

29Nov

$53M NPAT for Select Harvest (ASX:SHV)

 

Select Harvest (ASX:SHV) has achieved a net profit after tax of $53 million for the 12 months ending 30 September 2019.

Its earnings before interest, tax, depreciation and amortisation came in at $95.2 million.

Earnings per share were up 139.7 per cent to 55.5 cents per share. It attributes the strong performance to increased almond production and a firm almond sales price.

The 2019 almond crop is up 45 per cent on last year.

Shares in Select Harvest (ASX:SHV) are trading 10.9 per cent higher at $8.03.
 
Copyright 2019 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

18Jan

Stocks of the Hour: Riedel Resources, Volpara Health, Godolphin Resources

18 Jan 2023 - A snapshot of the stocks on the move featuring Riedel Resources (ASX:RIE), Volpara Health (ASX:VHT) and Godolphin Resources (ASX:GRL).

Read More
14Apr

Galaxy Resources (ASX:GXY) bumps up resource estimates in Argentina

14 Apr 2021 - Galaxy Resources (ASX:GXY) has updated the lithium miner’s Sal de Vida resource estimates, indicating a significant increase in Inferred Mineral Resources of 27 per cent.

Read More
31Dec

FBR (ASX:FBR) completes Share Purchase Plan offer

31 Dec 2019 - Robotic technology company FBR (ASX:FBR) has completed its Share Purchase Plan offer of new fully paid ordinary shares at 4.5 cents per share.

Read More
13Jan

Stocks of the Hour: Crown, BWX, Objective Corporation

13 Jan 2022 - A snapshot of the stocks on the move featuring Crown (ASX:CWN), BWX (ASX:BWX), and Objective Corporation (ASX:OCL).

Read More
26Sep

ResApp Health receives CE Mark approval for Europe

26 Sep 2019 - ResApp Health (ASX:RAP) has received CE Mark approval for ResAppDx-EU version 2, the latest version of the world’s first smartphone-based diagnostic test for respiratory disease which now addresses both adults and children.

Read More
29Sep

Stocks of the Hour: Liontown Resources, Blackstone Minerals, Harvest Technology Group

29 Sep 2023 - A snapshot of the stocks on the move, featuring Liontown Resources, Blackstone Minerals and Harvest Technology Group.

Read More
07May

Stocks of the Hour: Westar Resources, AML3D, ACDC Metals

07 May 2024 - A snapshot of the stocks on the move, featuring Westar Resources (ASX:WSR), AML3D (ASX:AL3) and ACDC Metals (ASX:ADC).

Read More
18Feb

Origin Energy’s (ASX:ORG) profit falls to $13 million

18 Feb 2021 - Origin Energy (ASX:ORG) reports a 10 per cent drop in revenue to $6.1 billion with their total profit for falling 98 per cent to $13 million for the half year ending 31 December 2020.

Read More
13Nov

Another suitor for 3P Learning (ASX:3PL)

13 Nov 2020 - It looks like IXL Learning is going to have some competition in its takeover bid for digital education platform, 3P Learning (ASX:3PL). Think and Learn Private has lobbed a takeover offer for a cash price of $1.45 per share. The Indian education tech company operates under the brand name BYJU.

Read More
09Jul

Praemium (ASX:PPS) is to acquire Powerwrap (ASX:PWL) for $55m

09 Jul 2020 - Praemium (ASX:PPS) and Powerwrap (ASX:PWL) have entered into a bid implementation agreement at an indicative price of 26.44 cents per Powerwrap Shareor $55.6 million for all of Powerwrap’s issued share capital.

Read More