HDX 0.00% $2.80 hughes drilling limited

Half Year Mkt cap $24 mill Rev up 39.5% to $54.521 mill NPAT up...

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    Half Year
    Mkt cap $24 mill
    Rev up 39.5% to $54.521 mill
    NPAT up 44.7% to $6.543 mill NPAT Margin 12% up 3.4%from 11.6%
    NTA 31c from 28c
    EBITDA$14.535 mill up 42.3% margin 26.7% up 2.3%
    DEPN and AMORT $5.469 mill up 29.8%
    Finance costs $1.662 mill up 12.3%
    TAX 861 thousand up 100%
    Free Cash Flow -$415,000 92.9% improvement
    Net Debt $46.683 mill increased by 0.5%
    New Hire Purchase Debt via New Hughes Equipment Hire division $4.5 mill with remainder from cash flow.

    TOTAL LIABILITIES $73.436mill up from $67.726mill DISSAPOINTING, When are these guys going to stop spending? Other than that ,good. Rerate ?
 
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