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For the fiscal year ended 30 June 2018, Bidvest Namibia Ltd revenues decreased 6% to NAD2.71B. Net loss applicable to common stockholders excluding extraordinary items totaled NAD20.8M vs. income of NAD12.8M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Operating Expenses increase of 14% to NAD478.6M (expense).
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 2873.52 | 1957.89 | 2015.86 | 1842.73 |
Gross Profit | 465.75 | 280.19 | 418.55 | 312.91 |
Operating Income | 51.56 | 20.71 | 176.63 | 129.6 |
Net Income | 50.61 | 20.42 | 86.5 | 97.72 |
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 3086.85 | 3133.32 | 3160.02 | 3054.07 |
Total Liabilities | 1241.94 | 1304.85 | 1311.33 | 1248.14 |
Total Equity | 1844.91 | 1828.46 | 1848.69 | 1805.93 |
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Period Length: | 12 Months | 6 Months | 12 Months | 6 Months |
Cash From Operating Activities | -12.16 | -157.42 | 134.85 | -58.22 |
Cash From Investing Activities | 8.52 | -25.2 | -413.65 | -400.01 |
Cash From Financing Activities | 6.72 | 20.44 | 53.86 | 0 |
Net Change in Cash | -3.8 | -163.56 | -217.96 | -451.53 |
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