CBD 0.00% 1.1¢ cbd energy limited

Ann: CBD Energy Limited 2010 Full Year Results, E, page-5

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  1. 16,523 Posts.
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    re: Ann: CBD Energy Limited 2010 Full Year Re... Good point NTaylor, looks like they exercised a tax loss write-back on the view they will be profitable in the future...

    "Diversified renewable energy company, CBD Energy Limited (ASX: CBD) has recorded a full year net profit after tax of $8.5 million for the year ended 30 June 2010. Revenue increased 163% to $44.4 million and EBITDA increased to $6.2 million. 2010 NPAT includes an abnormal write-back of
    prior year tax losses of $3.7 million. This is a one-off item and reflects our Auditors opinion that CBD will be profitable going forward."
 
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Currently unlisted public company.

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