Moa Group Limited (NZX: MOA) Announces Half-year Results

Moa Group Limited (NZX: MOA ), New Zealand’s own brewing and hospitality company, today reports its half year results for the period ended 30 September 2020.

The Group reported operating earnings of $686,000 for the six months ended 30 September 2020 an improvement from $333,000 in the prior corresponding period. Including the significant non-cash charges of depreciation and amortisation plus interest and restructuring costs, net earnings after tax were a loss of $415,000, compared to a loss of $1,605,000 in the prior corresponding period.

The Group’s underlying total cash inflows from operations of $657,000 compared to outflows of $680,000 in the prior period. Adjusted for the March supplier payments made through April and May as terms were delayed in light of the COVID-19 outbreak and lockdown, total reported cash outflows from operations were $143,000.

See the links below for more details:

Interim results announcement

Interim results market announcement

Interim financial statements

Source: Moa Group Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
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.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

SUM - 1Q26 Metrics - Sales of Occupation Rights
GMT corporatised and stapled structure completed
April 7th Morning Report
KMD completes Placement and Institutional Entitlement Offer
SML - North Island asset sale completed
RAD - Radius Care Expansion Continues with Care Home Acquisition
PFI - Property for Industry Limited Bond Offer Final Terms Sheet
April 1st Morning Report
FSF - Fonterra completes sale of Mainland Group to Lactalis
GNE - Resignation of Chief Financial Officer