dulhunty power ltd
(DUL:Australian Stock Exchange - SEATS)
dulhunty power ltd (DUL) Snapshot
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Energy Technologies Limited engages in the manufacture and sale of electricity transmission and distribution products and services, anchor systems, and foundry products in Asia, Australia, New Zealand, and the United States. The company’s products include Helixon fittings, protective fittings, line hardware, strain and suspension clamps, fabricated fittings, insulated systems, insulators, insulator pins, and high temperature conductors. It also supplies substation fittings, fault indicators, height meters, and tension monitoring systems, switchgear, and corona cameras. In addition, the company involves in the design and development of low emission generators; and production and sale of distribution power poles. It supplies its own branded products to utilities and contractors; and fittings and products for various companies involved in the electricity transmission and distribution sector. The company was formerly known as Dulhunty Power Limited and changed its name to Energy Technologies Limited in October 2011. Energy Technologies Limited was incorporated in 1983 and is headquartered in Brookvale, Australia.
dulhunty power ltd (DUL) Top Compensated Officers
dulhunty power ltd (DUL) Key Developments
Energy Technologies Limited reported unaudited consolidated earnings results for the half year ended December 31, 2012. For the period, the company reported revenues from ordinary activities, down 14.0% to AUD 5,230,000, loss from ordinary activities after tax attributable to members, up 8.0% to AUD 618,000, net loss for the period attributable to members was AUD 618,000. The EGY consolidated group loss after tax and minorities for the period is AUD 617,574. This result is impacted by the material items: EGY invested a further AUD 216,878 in purchasing shares in associated entity Dulhunty Poles Pty Ltd. (DPPL) as a result of the exercise of options under the DPPL shareholders agreement, bringing EGY's holding in DPPL to 45%. Further allocation of share of DPPL losses has been applied to write this down. In addition EGY applied DPPL losses against a further outstanding loan of AUD 193,357. Residual activities in subsidiary D Power International Limited (DPIL) subsequent to the sale of substantially all of it's assets in fiscal year 2012 resulted in a consolidated loss after minorities of AUD 100,852. Bambach contributed a loss after tax of AUD 446,668. EGY recorded on consolidation a discount on acquisition of Bambach of AUD 785,029. Total revenue from continuing operations was AUD 6,015,163 against AUD 539,168 a year ago. Loss before finance costs, income tax was AUD 697,809 against AUD 451,482 a year ago. Loss from continuing operations was AUD 718,427 against AUD 477,142 a year ago. Loss before income tax was AUD 713,458 against AUD 477,142 a year ago. Basic and diluted loss from continuing operations was 0.37 cents against 0.28 cents a year ago. Net cash flows used in operating activities was AUD 964,460 against AUD 2,040,927 a year ago. Purchase of property, plant and equipment was AUD 184,336 against AUD 93,472 a year ago.
Energy Technologies Limited announced that they will report first half, 2013 results on Feb 28, 2013
Energy Technologies Limited, Annual General Meeting, Nov 22, 2012., at 10:30 E. Australia Standard Time. Location: Bambach Wires and Cables. Agenda: To receive and consider the audited financial statements of the company and the reports of the directors of the company, and Gould Ralph Assurance as the auditors of the company, for the year ended June 30, 2012; to consider and approve remuneration report for the year ended June 30, 2012; and to re-election of directors.
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Industry Analysis
DUL
Industry Average
| Valuation | DUL | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.2x |
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| Price/Book | 0.6x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.2x |
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