The Chairman Of WTC Presents The Financial Highlights In The AGM
The annual general meeting of Wisetech Global Limited (ASX: WTC) was held on 21 November 2018. Chairman Andrew Harrison addresses the shareholders and shares the financial highlights of the company for FY2018. FY2018 encountered a powerful revenue growth of 44%. The revenue reported by the end of FY2018 was $221.6 million. This resulted in a net increase in profit after tax which is attributable to the shareholder's equity. The net profit after tax for FY2018 was $40.8 million. The primary reason for this growth was due to the organic growth in revenues across their global business. The other factor which influenced the growth in revenue was the enhancement in the products of the company as well as new features introduced into CargoWise One technology platform. Further, the company acquired many strategic assets in other geographical locations and in line technologies. Download the Full Report Read the full article