For personal use only
ABN 38 119 047 693
Appendix 4D
for the Half-year Ended
31 December 2020
WestStar Industrial Limited
Appendix 4D
Half-year report
1. Company details | ||||||
Name of entity: | WestStar Industrial Limited | |||||
ABN: | 38 119 047 693 | $ | $ | % | ||
only | $ | |||||
Reporting period: | For the half-year ended 31 December 2020 | |||||
Previous period: | For the half-year ended 31 December 2019 | |||||
2. Results for announcement to the market | ||||||
HY 31 Dec | HY 31 Dec | Up/Down | Change | Change | ||
2020 | 2019 | |||||
Revenues from ordinary activities | 25,215,142 | 33,260,051 | Down | 8,044,909 | 24% | |
use | ||||||
Profit/ (Loss) from ordinary activities after | ||||||
tax attributable to the owners of WestStar | ||||||
Industrial Limited | (577,258) | 495,616 | Down | 1,072,874 | 216% | |
Profit/ (Loss) for the half-year attributable | ||||||
to the owners of WestStar Industrial | ||||||
Limited | (577,258) | 495,616 | Down | 1,072,874 | 216% | |
personal | ||||||
Dividends |
WestStar Industrial Limited did not declare a dividend during the current reporting or corresponding previous reporting period.
Comments
The loss after tax for the half-year ended 31 December 2020 was ($577,258) (31 December 2019 profit: $495,616).
Revenue for the Group was $25,215,142 for the six months ending 31 December 2020, a decrease of 24% over the prior c rresponding period (31 December 2020: revenue of $33,260,051).
The Group incurred an after-tax loss attributed to members of ($577,258) for the half year ending 31 December 2020 (31 December 2019: profit of $495,616).
3. Net tangible assets
Reporting | Previous | |||
period | period | |||
Cents | Cents | |||
Net tangible assets per ordinary security | 0.90 | 0.52 | ||
For | ||||
4. Control gained over entities
Not applicable.
Page | 1
WestStar Industrial Limited
Appendix 4D
Half-year report
5. Loss of control over entities Not applicable.
only | |||||
6. Details of associates and joint venture entities | |||||
Reporting entity's | Contribution to profit/(loss) | ||||
percentage holding | (where material) | ||||
Reporting | Previous | Reporting | Previous | ||
period | period | period | period | ||
Name of associate / joint venture | % | % | $'000 | $'000 | |
use | - | - | - | - | |
7. Audit qualification or review | |||||
Details of audit/review dispute or qualification (if any): | |||||
personal | |||||
The 2020 Half-Year report is based upon accounts that were reviewed by the Company's auditor and are not subject to a | |||||
modified opinion. | |||||
8. Attachments | |||||
Details of attachments (if any): | |||||
The Interim Report of WestStar Industrial Limited for the half-year ended 31 December 2020 is attached. | |||||
9. Signed | |||||
For | Date: 28 February 2021 | ||||
______________________________ |
Philip Re
N n-Executive Chairman
For personal use only
For personal use only
CONTENTS | |
CORPORATE DIRECTORY............................................................................................................................ | 2 |
DIRECTORS' REPORT................................................................................................................................... | 3 |
AUDITORS INDEPENDENCE DECLARATION.............................................................................................. | 8 |
CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE | |
INCOME........................................................................................................................................................... | 9 |
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION ............................................... | 10 |
CONDENSED CONSOLIDATED STATEMENT OF CASHFLOWS ............................................................. | 11 |
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY ............................................... | 12 |
NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS ......................................... | 13 |
DIRECTORS' DECLARATION ...................................................................................................................... | 21 |
INDEPENDENT AUDITORS REVIEW REPORT .......................................................................................... | 22 |
WestStar Industrial Limited | 1 | 2020 Half Year Report |
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