SMR 3.90% $3.46 stanmore resources limited

Am I missing something here???Based on the strong operational...

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    Am I missing something here???
    Based on the strong operational and financial performance, the Board declared a fully franked final dividend of 8 cents per share, along with the fully franked interim dividend of 3 cents per share. The combination of share price growth and dividends paid during the 2019 financial year delivered a Total Shareholder Return of 69.5%, which was the best outcome of any ASX-listed coal company.Financial performanceThe Company’s revenue from operations totalled a new record of $403.1 million, an increase of 93% on the previous year. This resulted in gross profit of $164.8 million which was a 215% improvement on FY18. Underlying Earnings Before Interest, Tax, Depreciation and Amortisation improved by 240% to $154.9 million, and the Company reported Net Profit After Tax of $91.6 million, compared with $6.0 million in the previous financial year.Cash generation from operations was $140.0 million, another substantial improvement compared with $21.9 million in FY18. This was balanced against cash outflows that will support the future growth and performance of the business including the acquisition of Isaac Downs, development capital for Isaac Plains East and planned maintenance of major equipment and infrastructure. The Company ended the financial year with no funds drawn from its working capital facility.The Company also completed a debt re-finance for its working capital and bonding facilities during the year. The new arrangements reflect the financial strength of the business and will reduce overall financing costs.
 
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$3.46
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0.130(3.90%)
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$3.36 $3.47 $3.35 $10.11M 2.973M

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Last trade - 16.10pm 04/06/2024 (20 minute delay) ?
Last
$3.45
  Change
0.130 ( 2.99 %)
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$3.36 $3.47 $3.36 2055798
Last updated 15.59pm 04/06/2024 ?
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