Collins Reports Interim Numbers; Dividend Increased 5.6%

  • Nov 27, 2019 AEDT
  • Team Kalkine

Collins Foods Limited (ASX: CKF) has reported half-year results for the period ended 13 October 2019. The company’s Statutory net profit after tax increased by 12.1% to $24.1 million compared to $21.5 million in the in half-year of 2019.

  • Revenue increased by 9.2% to $448.8 million against $411 million in the previous corresponding period.
  • Net debt came down to $217.3 million compared to $226.2 million in the previous corresponding period.
  • Declared fully franked interim dividend of 9.5 cents per share, up 5.6% over the previous corresponding period.

By 1:01 PM AEST, CKF was trading at $10.35, up by 6.48% relative to the previous close.

 

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