QMS Media Limited announced audited group earnings results for the year ended June 30, 2017. For the year, the company announced revenue and other income of $168,636,000 compared to $111,825,000 for the same period a year ago. Operating profit was $23,548,000 compared to $19,149,000 for the same period a year ago. Profit before tax was $20,620,000 compared to $18,236,000 for the same period a year ago. Profit for the period attributable to members was $16,145,000 compared to $13,418,000 for the same period a year ago. Basic and diluted earnings per share were 5.2 cents compared to 4.8 cents for the same period a year ago. Net cash from operating activities was $29,047,000 compared to $21,820,000 for the same period a year ago. Acquisition of property, plant and equipment was $25,754,000 compared to $26,308,000 for the same period a year ago. Acquisition of intangible assets was $21,899,000 compared to $3,090,000 for the same period a year ago.

For the year 2018, the company was well placed to continue to deliver strong revenue and earnings growth in 2018. The company is forecasting EBITDA to exceed $43 million in 2018.