NWF Group Plc (NWF.L) Tuesday released the preliminary results for the full year ended 31st May 2012 reporting a drop in net profit for the year despite rise in total revenue, negatively impacted by higher operating expenses.
The specialist in agricultural and distribution business reported Profit after tax for the full year ended 31st May 2012 of 3.8 million pounds, sharply lower than profit after tax of 5.40 million pounds reported for the previous year.
Diluted earnings per share for the year declined by 29.8 percent to 8.0 pence from 11.4 pence per share reported for the year ended 31st May 2011.
Group Revenue for the full year increased 16.5 percent to 540.2 million pounds from 463.8 million pounds reported for the previous year.
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by RTT Staff Writer
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