Ann: Preliminary earnings forecast June 2019 & final dividend, page-4

"I am a bit confused about how the Half year EBIT has grown sequentialy and compared to PCP but the NPAT has fallen over the same time frames."

@hcosah,

I'm afraid I don't know how you arrived at the view that JH2019 NPAT is down sequentially and on pcp.

Following is a half-yearly NPAT breakdown, using published NPAT figures, for the past two financial years, which shows that NPAT for JH2019 was 11% higher than DH2018 and 5% higher than JH2018:

Half-Yearly NPAT (Growth on pcp):
DH2017: $3.82m (+27%)
JH2018: $4.36m (+15%)
DH2018: $4.12m (+8%)
JH2019: $4.58m (+5%)... (and +11% on DH2018)