BRIEF-York Timber FY Headline Earnings Per Share Increases To 50 Cents

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BRIEF-York Timber FY Headline Earnings Per Share Increases To 50 Cents
Credit: © Reuters.

Sept 30 (Reuters) - York Timber Holdings Ltd YRKJ.J :

* CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2019

* FY HEADLINE EARNINGS PER SHARE INCREASED FROM 45 CENTS TO 50 CENTS

* NO DIVIDEND HAS BEEN DECLARED FOR YEAR (2018: R NIL)

* FY EARNINGS PER SHARE DECREASED FROM 44 CENTS TO A LOSS PER SHARE OF 11 CENTS

* FY REVENUE 1.6 BILLION RAND VERSUS 1.81 BILLION RAND

* FY NET ASSET VALUE PER SHARE DOWN 1% TO 980 CENTS

* "PROTRACTED" STRIKE BY NUMSA IMPACTED FY REVENUE BY APPROXIMATELY R225 MILLION AND EBITDA BY APPROXIMATELY R131 MILLION

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