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  News & Announcements
September 2016

       
       
ProTen Limited FY2016 Audited Profit Announcement
23-Sep-16

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ProTen Ltd FY2016 Audited Profit Announcement

ProTen Ltd is pleased to announce its audited profit. The year delivered record revenues and a record profit.

Farm and operating performance was very strong and coupled with record low interest rates delivered a further improved result.

The audited Net Profit after Tax (NPAT) for the year ending 30th June 2016 is AU$21.58m.

This result comprises:
" Operating NPAT of $7.18m
" Net Asset revaluation of $14.40m

Total equity for the group has increased from $70.4m in FY2015 to $95.7m in FY2016 representing a 36% increase.

The current development program in the Griffith region remains on target for completion in mid-2017.

A full presentation of the results will be presented at the AGM to be held on Tuesday 15th November 2016.


Daniel Bryant
Managing Director
     
       
       
       
ProTen Annual Report year ended 30 June 2016
23-Sep-16

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ProTen Consolidated Financial Statements 30 June 2016
     
       
       
       
New Development Project - Tamworth, NSW
07-Sep-16

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