IFM Half Year Results should put a bit of fire into it share price.
AUD '000 Revenues from ordinary activities up 38.6% to 29,242
Profit (loss) from ordinary activities after tax attributable to members up 41.9% to 8,274
Net profit (loss) for the period attributable to members up 41.9% to 8,274
1.5 cent fully franked dividend record date 4 March
Good to see a consistantly growing company with a focused management. Furthermore the announcement this morning of the acceptance of Geoff Henderson to the board as non-executive Director can only be seen as major positive.
Geoff has been with Ford working in a number of senior positions in Australia, New Zealand and North America. He recently retired the position of Manager, Customer Service division, Ford Asia Pacific after 30 years of service. He controled the parts and service operations in 12 countries with a combined revenue in excess of A$650 million.
His experience and contacts within the industry could only futher enhance what is already shaping up to be a solid company.
Spock
IFM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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