SVR 1.67% $1.18 solvar limited

pleasing annual report, page-2

  1. 1,074 Posts.
    some points i like

    Revenue has increased by 15% to $15,494,893
     Profit after tax increased by 5.1% to $2,525,840
     Loan book has increased by 43.7% to 17,008,383
     Net assets increased by 9.5% to $33,436,731
     Net tangible assets per share increased by 4.5% to 37 cents

    As a percentage of revenue bad debt has reduced from
    13.77% in FY11 to 9.84% in FY12

    The final dividend payable of 2.25 cents per share brings the full year dividend to
    4.00 cents per share fully franked.
 
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