from the half yearly... The Company recorded a loss after income...

from the half yearly...

The Company recorded a loss after income tax of $4.8 million for the half-year ended 31 December 2014. This compares with a loss of $1.43 million for the corresponding previous halfyear. The result was impacted by the once off acquisition costs associated with the purchase of the land and water assets known as the Kooba aggregation (Kooba). The majority of Webster’s earnings and cash flows are generated in the second half of the financial year. This seasonality is directly related to the growing cycle with sales occurring predominantly from February to June.