IDL Half Yearly Result

On 23 February 2007, IDL announced its half yearly result for the period ended on December 2006. On its report, IDL stated that acquisition strategy drives its growth and profit upgrade.

Summary of the six months is:

• Industrea records first half NPBT of $7.4 M
• Group operating Revenues up by 958% to $27.5 M
• Upgrades full year NPBT by 21% to $14.9 M
• Annualised EPS increases to 2.6 cents per share
• WADAM and PJ Berriman Acquisitions completed
• Major sales in China (Shenhua Group) and Australia (BHP/BMA)
• Group Revenue and Profit to accelerate in the second half

I am hoping to see increases in IDL's share price in the days to come and waiting for IBA's Half yearly result that due today.

This morning, share price saw IBA on $1.54 and IDL on $0.39

Have a good day investing.