Eureka Unveils Annual General Meeting Results

  • Oct 31, 2019 AEDT
  • Team Kalkine

Eureka Group Holdings Limited (ASX: EGH) achieved a significantly improved financial result in FY19 against the previous year, reporting an NPAT of $6.79 million against the previous year loss of $0.28 million.

  • The Company reported EBITDA and before asset revaluations of $7.83 million, which was up by 11% from the previous year;
  • Eureka paid a final dividend of 1 cent per share on 17th October 2019;
  • The company forecasted an EBITDA of about $8.0 million for FY20, which reflects an improved quality of earnings in the core asset base.

The stock was trading at $0.290 per share (AEST 12:52 PM), unchanged as compared to its previous close on ASX.


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