CTI Logistics Announces 2013 – 14 Results

28
Aug

The Company has today released its Annual Report to shareholders for the 2013-14 financial year. The report can be found here.

In brief

Profit before tax for the year was $14,090,456, down 1.5% on the previous year, on revenue of $140, 693,568 which was up 11.1%.

Profit after tax for the year was $9,835,919, up by 0.1%. Earnings per share was down from 16.6 cents to 15.6 cents, and net cash inflows from operating activities was $11,614,905.

The directors have declared a dividend of 4.0 cents per share fully franked, payable on 31 October 2014.

With the interim dividend of 4.0 cents, the total dividend for the year is 8.00 cents, and an increase of 6.7% on the previous year.