“FY 20 despite the prevailing COVID-19 conditions during the latter half of the financial year we were still able to produce a very robust result thanks to sound, prudent Board governance, diligence and strong management.
Some of the highlights were: –
Net Profit of $69k (up $32k on FY19)
Total income of $942k (up $132k on FY19)
Net Equity of $411k (up $69k on FY19)
Current Assets of $289k (up $105k on FY19)
New General Manager – David McDonald