Djerriwarrh Investments Limited Announces Earnings Results for the Half Year Ended December 31, 2016
January 18, 2017 at 08:25 pm
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Djerriwarrh Investments Limited announced earnings results for the half year ended December 31, 2016. For the period, the company's total revenue was AUD 16.088 million compared with AUD 20.718 million a year ago. Income from operating activities was AUD 21.057 million compared with AUD 33.593 million a year ago. Operating result before income tax expense was AUD 17.915 million compared with AUD 28.942 million a year ago. Net operating result was AUD 16.663 million compared with AUD 25.554 million a year ago. Profit for the period was AUD 12.376 million or 5.66 cents per basic share compared with AUD 21.146 million or 9.67 cents per basic share a year ago. Net cash inflow from operating activities was AUD 26.869 million against AUD 28.234 million a year ago.
Djerriwarrh Investments Limited is an Australia-based investment company. The Company is engaged in Australian equities with a focus on stocks where there is an active options market. The Company uses exchange-traded options to enhance income returns for investors. The Companyâs investment objective aims to pay a higher level of fully franked dividend than is available from the S&P/ASX 200 and to provide capital growth over the medium to long term. Its enhanced yield is achieved through a bias to investing in companies with higher dividend income, produced over the short and long term, as well as using option strategies to generate additional income. The Company invests in various sectors, including other financials, banks, industrials, materials, health care, cash, communication services, real estate, energy, consumer discretionary, consumer staples and information technology.
DJERRIWARRH INVESTMENTS LIMITED 
