Ocean Capital Limited provides tourism related services in Australia. The company operates in two segments, Cruise Services and Hotel Services. Its property portfolio primarily comprises Long Island resort, Hides hotel, Club Crocodile Airlie beach, and Cape Tribulation resort, as well as Ferntree Rainforest lodge, Barefoot Lodge, Sunlover Reef cruises. The company is based in Cairns, Australia.
Reef Fleet Terminal
Sunlover Reef Cruises Offices
1 Spence Street
Cairns, QLD 4870
Ocean Capital Ltd. to Report First Half, 2013 Results on Feb 22, 2013
Feb 16 13
Ocean Capital Ltd. announced that they will report first half, 2013 results on Feb 22, 2013
ASX Approves Ocean Capital’s Removal From Official List Of ASX
Dec 14 12
The ASX has advised that it has approved Ocean Capital Ltd.’s removal from the Official list on the condition that Ocean’s shareholders approve the removal by ordinary resolution at the Ocean Shareholders’ Meeting on 17 December 2012.
Ocean Capital Ltd. Reports Unaudited Consolidated and Company Earnings Results for the Year Ended June 30, 2012
Nov 5 12
Ocean Capital Ltd. reported unaudited consolidated and company earnings results for the year ended June 30, 2012. For the period, on consolidated basis, the company’s operating revenue was AUD 19,700,000 against AUD 20,332,000 a year ago. Loss before income tax was AUD 7,601,000 against AUD 2,280,000 a year ago. Loss attributable to the owners of the company was AUD 7,373,000 or 9.158 cents per basic and diluted share against AUD 3,949,000 or 4.905 cents per basic and diluted share a year ago. Net cash provided by operating activities was AUD 1,562,000 against AUD 906,000 a year ago. Payments for property plant & equipment were AUD 1,720,000 against AUD 1,074,000 a year ago. The Group’s operations were adversely affected during the year by the ongoing economic slowdown which continued to create challenging conditions for the tourism industry in North Queensland. The decline in revenue was counteracted by effective cost control measures across the company which meant that operating EBITDA increased from AUD 0.68 million in 2011 to AUD 1.13 million in 2012. A one off profit from the sale of unutilised land at Cape Tribulation in 2011, and the inclusion of income from insurance in 2012 resulted in an overall EBITDA of AUD 1.56 million for 2012 compared to AUD 1.23 million in 2011.
For the period, the company’s loss was AUD 88,000 against AUD 1,846,000 a year ago.