Investor Relations

FINANCIAL SUMMARY

For the year ended 1Q18 2017 3Q17 2016 20152
In thousands USD
CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Total Revenue 30,956 161,797 109,013 134,443 125,994
Total Cost of Revenue (24,513) (111,650)  (84,940) (89,157) (87,138)
Gross Profit 6,443 50,147 24,073 45,286 38,856
Total Operating Expenses, Net (6,537) 21,247 38,378 (29,424) (38,139)
Operating Profit (loss) (94) 71,394 62,451 15,862 717
Share of profit of equity-accounted investees 314 4,198 2,453 3,431 1,769
Financial Income (cost), Net (51) (2,431) (2,614) 73 (1,929)
Profit Before Tax 169 73,160 62,290 19,367 558
Income tax Expense (1,373) (25,761) (22,384) (10,167) (8,944)
Net Income (loss) for the year (1,204) 47,400 39,906 9,199 (8,386)
Other Comprehensive Income net of tax (1,581) (5,705) (4,145) 2,673 (7,819)
Total Comprehensive Income (loss) for the year (2,785) 41,695 35,761 11,872 (16,205)
EBITDA 5,935 101,300 79,076 35,296 23,689
           
EARNINGS (LOSS) PER SHARE          
Total Outstanding Shares 3,311,505,388 3,311,505,388 3,311,505,388 3,311,505,388 3,219,873,700
Basic Earning (loss) per Share (0,000350) 0,014138 0.011897 0.002814 (0.00251)

 

CONSOLIDATED STATEMENT OF FINANCIAL POSITIONS
Cash & Cash Equivalent 53,977 46,405 71,750 16,882 19,104
Current Assets 96,672 80,797 111,205 64,410 51,690
Non Current Assets 482,897 485,727 476,497 460,698 418,754
Total Assets 579,568 566,524 587,702 525,108 470,444
Debt(1) 124,250 111,981 134,670 129,021 98,087
Current Liabilities 65,351 55,603 70,846 45,041 55,893
Non Current Liabilities 124,620 118,539 130,925 125,419 74,121
Total Liabilities 189,971 174,142 201,772 170,460 130,014
Equity Attributable to the Owners of the Company 389,152 391,899 385,773 345,491 340,275
Total Equity 389,597 392,382 385,930 354,648 340,430

 

FINANCIAL RATIOS
Return on Assets (%) (0.2) 8.4 6.8 1.8 (1.8)
Return on Equity (%) (0.3) 12.1 10.3 2.6 (2.5)
Cash Ratio  0.8 0.8 1.0 0.4 0.3
Current Ratio 1.5 1.5 1.6 1.4 0.9
Liabilities to Assets 0.3 0.3 0.3 0.3 0.3
Liabilities to Equity 0.5 0.4 0.5 0.5 0.4
Net Debt to Equity 0.2 0.2 0.2 0.3 0.2
Net Profit Margin (%) (3.9) 29.3 36.6 6.8 (6.7)
EBITDA Margin (%) 19.2 62.6 72.5 26.3 18.8

 

1) Debt consists of interest bearing debt i.e: short term bank loan, long term bank loan, loan from related party and lease liabilities.

2) The Group has restated the presentation of its consolidated statements of profit or loss and other comprehensive income for each of the years ended 31 december 2015 and 2014 to include a subtotal for gross profit or loss which represents profit resulting from agribusiness based food industry activities and its supporting business. The restatement does not affect the Group’s previously reported net income/(loss).