Australian Agricultural Projects Ltd FY2026 Preliminary Final Report
Key points
- Revenue from ordinary activities decreased by 37% to $3,544,000
- Profit from ordinary activities after tax dropped by 60% to $783,000
- Net profit attributable to members fell by 60% to $783,000
- No dividends declared for the financial year
Full summary
Australian Agricultural Projects Ltd has released its Preliminary Final Report for the year ended 30 June 2026. The company reported a substantial decrease in financial performance. Revenue from ordinary activities fell by 37% to $3,544,000. Profit from ordinary activities after tax dropped by 60% to $783,000. Consequently, the net profit attributable to members also decreased by 60% to $783,000. The company did not declare any dividends for the financial year. Comprehensive income for the year was $782,919. The company's financial position remains stable with total assets increasing to $24,085,915 and total equity at $16,128,043. Cash and cash equivalents decreased to $210,823. The company continues to manage its operations in Boort, Victoria, focusing on its olive orchard.
Guidance
Revenue decreased by 37%, profit by 60%, and net profit by 60% for FY2026
Outlook
The company anticipates continued focus on operational efficiency and market conditions affecting agricultural produce.
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