Business
Audited results for the year ended 30 June 2018
Audited results for the year ended 30 June 2018.
About this update from Jubilee Metals Group Plc
[{"type":"text","content":"\n \nRNS Number : 3702H Jubilee Metals Group PLC 14 November 2018 \n\nJubilee Metals Group PLC\nRegistration number (4459850)\nAltX share code: JBL\nAIM share code: JLP\nISIN: GB0031852162\n(\"Jubilee\" or \"the Company\")\n14 November 2018\nJubilee Metals Group PLC\n(\"Jubilee\" or the \"Company\")\nNotice of Annual General Meeting \nAudited results for the year ended 30 June 2018 \n \nThe directors of Jubilee are pleased to release its audited results for the year ended 30 June 2018. \nNOTICE OF ANNUAL GENERAL MEETING\nThe Company also hereby gives notice of the Company's 2018 Annual General Meeting, which will be held on 6 December 2018 at 11:00 am UK time at Fladgate LLP, 16 Great Queen Street, London, WC2B 5DG to transact the business as stated in the notice of Annual General Meeting. The Group's Annual Report for the year ended 30 June 2018 has been posted to the website, www.jubileemetalsgroup.com, with the notice of the Company's 2018 Annual General Meeting. Shareholders are advised that the Notice of Annual General Meeting, including a Form of Proxy, for the year ended 30 June 2018 has been posted to Jubilee shareholders today, 14 November 2018.\n \nFINANCIAL HIGHLIGHTS\n· Combined project revenue up 44.14% to £ 14.14 million (ZAR: 245.53 million) [2017: £ 9.81 million (ZAR 166. 97 million)]\n· Combined project attributable earnings up 206% to £ 5.03 million (ZAR 86.80 million) [2017: £ 1.64 million (ZAR 28.20 million)]\n· Group delivers positive cash flow from operating activities of £ 0.96 million (ZAR 17.44 million) [(2017: negative cash flow of £ 0.53 million (ZAR 9.16 million)]\n· Group revenue up 44.14% to £ 14.14 million (ZAR: 245.53 million) [2017: £ 9.81 million (ZAR 166. 97 million)]\n· Group operating expenses before impairments and non-cash, down 30.82 % to £ 1.92 million (ZAR 33.34 million) [(2017: £ 2.77 million (ZAR 47.87 million)]\n· Group operating profit of £ 0.06 million (excluding impairments in an amount of £ 0.80 million) (ZAR: 1.04 million) [2017: loss of £ 1.67 million (ZAR 28.89 million) (excluding impairments in an amount of £ 18.57 million)]\n· Gro...