AMCIL Reports Profit Growth of Single Digit

  • Jan 21, 2020 AEDT
  • Team Kalkine

AMCIL Limited (ASX: AMH) has reported its half year results for the period ended 31st December 2019. Profit for half year stood at $3.8 million, up 4.4% from the previous corresponding period due to an improved result from the trading portfolio this year.

  • Revenue from investments stood at $4.4 million, down 2.3% from $4.5 million in the previous corresponding period, which excludes capital gains on investments;
  • No interim dividend has been declared although, last year, due to special circumstances an interim dividend of 2 cents and a special dividend of 1.5 cents, both fully franked was declared.

At AEST 01:00PM, the stock was trading at $1.000 per share, up by 0.503% from its previous close.


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