Undertakes marine industry related activities. [FY14 Turnover] New building & conversion (61.3%), repair (38.7%).
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Nov-15, 1H16 revenue inched down 0.8%, due to lower contributions from the group consumer & group enterprise segments. EBITDA for the period declined 2.2% on the back of 12% decline in the Australian dollar. However, with an 8.5% increase in associates' contributions coupled with net exception gains of $84m & gains on sale of venture investments of $31m, Co was able to register a 5.3% gain in overall net profit.
Aug-15, 1Q16, Co recorded a 12.8% gain in net profit, boosted by exceptional gains, which included divestment gains from venture investments as well as Airtel Africa's tower assets. Operating revenue inched up 1.5%, a rather muted performance due to the weaker Australian dollar. The group consumer business (largest revenue contributor) rose approximately 2% to $2.6b, driven by higher mobile data uptake & equipment sales.