Aug 28, 2019 / 04:00AM GMT
Operator
Thank you for standing by, and welcome to the Midway Limited FY '19 Results Call. (Operator Instructions)
I would now like to hand the conference over to Mr. Tony Price, Managing Director and Chief Executive Officer. Please go ahead.
Anthony R. Price - Midway Limited - MD, CEO & Executive Director
Thank you very much. Firstly, thank you for calling in to our full year results briefing to Midway shareholders, investors and broking analysts. As has been the case previously, we'll -- I'll make some opening remarks, and then we'll open it up for questions, and Ashley and I will be happy to answer any questions that you have.
So in terms of our FY '19 results, we're pleased to announce this morning that we generated a record statutory net profit, up 42% -- or almost 42% on the previous year at $26. million -- $26.2 million. EBITDA before significant items also increased over 29% to $37.1 million, and that was driven by improved export prices, favorable currency, and we've had a positive dry fiber content results for the year.
This is
Full Year 2019 Midway Ltd Earnings Call Transcript
Mar 29, 2024
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