Financial Results for the Year ended 31 August 2019 ("FY2019")
Highlights :
1. Revenue has decreased by $0.85 million or 2.69% from $31.61 million in FY 2018 to $30.76 million in FY 2019
2. The Group net profit decreased by $3.16 million from $7.91 million in FY 2018 to $4.75 million in FY 2019
3. Adjusted EBITDA increased by $0.65 million from $7.54 million in FY 2018 to $8.19 million in FY 2019
4. The net cash flow from operating activities was $13.92 million in FY 2019
5. Cash and cash equivalents at the end of the period i.e. 31 August 2019 was $11.11 million ($10.80 million at 31 August 2018)
6. Investment properties of the group totaled $159.55 million
7. As at 31 August 2019, the Group has short-term borrowings of $21.20 million ($39.10 million as at 31 August 2018)
8. The gearing ratio of the Group improved from 0.11 at 31 August 2018 to 0.04 at 31 August 2019
9. No dividend has been declared or recommended by the Board of Directors of the company for the current financial period ended 31 August 2019 as the company has declared an interim dividend of 0.4 cent per ordinary share in the 3rd quarter of FY 2019.
More details in :
1.
https://links.sgx.com/FileOpen/SCPL_Unau...eID=582899
2.
https://links.sgx.com/FileOpen/Annexure%...eID=582900