SAI Global Limited
ASX:SAI ISIN:AU000000SAI8
News
Michael Gable Managing Director and founder of Fairmont Equities brings the latest stock tips for August 22, 2016. Featured stocks include Woodside Petroleum, LendLease Group, SAI Global and Telstra Corporation.
SAI Global Limited (ASX:SAI) today announced a statutory half-year net profit after tax attributable to shareholders of $21.7M, representing an increase of 29.1% over the corresponding period. Underlying net profit, which backs out the impact of significant charges, was $22.1M, an increase of 12.7% over the underlying profit in the corresponding period.
SAI Global Limited (ASX:SAI) today announced a record net profit after tax attributable to shareholders of A$44.8 million, representing an increase of 32.9% over the corresponding period. Underlying net profit, which backs out the impact of significant charges, was A$48.0 million, an increase of 42.4% over the corresponding period.
SAI Global Limited (ASX:SAI) (PINK:SGLOF) today announced a record net profit after tax of A$33.7M, an increase of 29.2% on last year's result. Continued organic growth plus contributions from recent acquisitions combined to produce revenue growth of 21.1% to A$392.2 million despite the impact of the stronger Australian dollar relative to the prior period. EBITDA increased to A$76.1M, up 18.4% on FY09. Operating cash inflows were strong, up 34.3% to A$51.5M.
Ashoka Buildcon has been independently certified by International Standards Certifications (ISC) against the international standard for greenhouse gas reporting, ISO 14064. The news comes following India's announcement in December last year that it would slow the growth of the nation's greenhouse gas emissions by 2020.
ABN Newswire stocks to watch today include: SAI Global Limited (ASX:SAI), Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) and Dynasty Metals Australia Limited (ASX:DMA).
SAI Global Limited (ASX:SAI) today announced a record half-year net profit after tax of $13.7M, representing an increase of 33.2% over the corresponding period.
A strong contribution from the property services business which includes a sizeable contribution from Espreon, together with continued organic growth, more than offset the adverse impacts of the stronger Australian dollar and the weaker trading conditions experienced by the standards training and automotive assurance businesses.
SAI Global Limited (ASX:SAI)(PINK:SGLOF) today announced the acquisition of Cintellate Pty Ltd, a leading global provider of compliance and risk management tools that allow companies to manage their compliance obligations and risk mitigation in the areas of safety, health and the environment (SH&E).
US stocks plunged significantly overnight despite a better-than-expected US manufacturing survey data. Falls in Asia and Europe markets put heavy pressure on the US stocks. Shanghai stocks dropped 5.8% Monday.
SAI Global Limited (ASX:SAI) will be announcing its Full Year Result at 10am on Tuesday 18 August 2009 in Sydney.
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