Sharechat Logo

Just Life Group Limited (NZX: JLG) Annual Results for the Year Ended 30 June 2021

Monday 30th August 2021

Text too small?

The directors are pleased to report a further 13% increase in net earnings over the prior year, despite the significant challenges of the COVID-19 pandemic. A year ago, we advised that we expected a significant downturn in revenue, but as a result of foreshadowed acquisitions, we were able to increase operating revenue by 7%.

The increase in net earnings included an expense relating to acquisition costs of $0.4 million.

The Cylinder Guy contributed $0.35 million to earnings for the nine months and About Health $0.19 million for the two months, being the part-periods of operation since acquisition.

Shareholder dividend:

The directors wish to advise that they are declaring a final dividend of 1.4 cents per share for the year ended 30 June 2021. The timing of the record date and payment date for the dividend is contingent upon the relaxation of the COVID-19 Alert Level lock downs and return to normal trading activities. An update in the prescribed form required by the NZX will be provided to the market as soon as the decision on timing has been finalised. The Harvard Group has advised that they will fully participate in the Dividend Reinvestment Plan for this dividend.

The Board would like to convey their sincere appreciation to each and every one of the Company’s team members.

Please see the links below for details

JLG 2021 Annual Report

JLG Annual Results Announcement 30 June 2021

JLG 2021 Chair & CEO Report

Source: Just Life Group Limited

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

17th September 2021 Morning Report
NZ Automotive Investments Limited (NZX: NZA) Proposed Sell Down by NZA Founder to Improve Liquidity
16th September 2021 Morning Report
15th September 2021 Morning Report
Seeka Limited (NZX: SEK) Announces Further Kiwifruit Acquisition
Briscoe Group Limited (NZX: BGP) Half Year Results Announcement
14th September 2021 Morning Report
Stride Property Ltd & Stride Investment Management Ltd (NZX: SPG) Office Fund Established and Conditional Acquisition
Third Age Health Services Limited (NZX: TAH) Announces Acquisition of Belmont Medical
13th September 2021 Morning Report