CCC continental coal limited

Ann: Half Year Results Deliver for Continental , page-8

  1. 418 Posts.
    re: Ann: Half Year Results Deliver for Contin... psi81 and others, that's right. It's Net Profit After Tax. As per the announcement.

    'Underlying profit'= take your pick of EBITDA $3.0m or gross $14.1m. Depending on whether you see CCC as an expanding producer or an investment vehicle.

    I'm glad we're seeing a maiden profit. That's way better than another loss. I appreciate management's expansion strategy, but.... given revenue at $49.9m, EDITDA is too skinny.

    IMHO that's one of the reasons CCC is still trading below the quoted NTA.
 
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