CAB 2.67% $2.19 cabcharge australia limited

Feb 24 (Reuters) - Cabcharge Australia Ltd (CAB) HY revenue...

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    Feb 24 (Reuters) - Cabcharge Australia Ltd (CAB)

    • HY revenue down 10.7 pct to $79.1 million
    • HY loss for period from continuing operations attributable to owners of company down 211.8pct to $18.2 million
    • Interim dividend (current period) 10¢ per share
    • Special dividend (current period) 80¢ per share
    • Company entered into an agreement to acquire business operations trading as yellow cabs queensland for $20 million
    • Yellow cabs operations expected to contribute revenue of about $40 million and ebitda of $3.5 million to $4 million per annum.
    • Company entered into an agreement to sell a property in newcastle for $3 million
    • Expects to recognise a $1.7 million pre-tax gain on sale of newcastle business premises
 
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Currently unlisted public company.

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