QUB qube holdings limited
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News: QUB Qube Holdings posts FY net profit of $77.3 mln

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    23/08/17
    09:30
    Post #: 26682252

    Aug 23 (Reuters) - Qube Holdings Ltd (QUB)

    • FY net profit after tax attributable $77.3 million versus $82 million
    • FY revenue from ordinary activities $1.51 billion versus $1.33 billion
    • Final dividend of 2.8 cents per share
    • In FY18, company expects to report an increase in underlying NPATA
    • In FY18 company expects overall market conditions to remain similar to FY17
    • Corporate division is expected to report an EBIT loss of around $18 million in FY18
    • Only modest organic earnings growth is currently expected from logistics division in FY18
    • Earnings from Minto Properties are expected to be lower in FY18
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