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Heritage Brands Limited Announces Audited Consolidated Earnings Results for the Year Ended July 31,

Sep 2018

Heritage Brands Limited announced audited consolidated earnings results for the year ended July 31, 2018. For the year, the company’s revenue was AUD 59,449,807 against AUD 54,754,664 a year ago. Profit before income tax was AUD 3,719,128 against AUD 4,093,972 a year ago. Profit for the year was AUD 2,607,747 against AUD 3,846,479 a year ago. Basic and diluted earnings per share were 0.14 cents against 0.21 cents a year ago. Net cash provided by operating activities was AUD 768,291 against net cash used in operating activities of AUD 1,634,327 a year ago. Purchase of property, plant and equipment was AUD 397,050 against AUD 1,827,082 a year ago

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