February 15, 2011
A2C Half Year Results to 31 December 2010
A2 Corporation Limited (“a2C”) is pleased to report an unaudited Group Profit after Tax of $893,517 for the six (6) months ended 31 December 2010.
The unaudited Group Profit comprised of the following:
- An operational profit after tax of $945,921 compared to a prior year operational loss for the period of $566,476;
- Foreign exchange profits (unrealised) of $153,124;
- Non-cash expense relating to share based incentive schemes for the MD & Executive Directors of $142,934;
- Final costs associated with the full acquisition of A2 Dairy Products Australia Pty Limited (A2DP) of $62,594.
