v3.24.2.u1
Operating profit/(loss)
6 Months Ended 12 Months Ended
Dec. 31, 2023
Jun. 30, 2023
Operating Profitloss    
Operating profit/(loss)

6. Operating profit/(loss)

 

The Company and its subsidiaries (the “Group”) generated from continuing operations revenue of $5.9 million, gross profit of $0.5 million, operating loss of $4.5 million, and net loss of $7.8 million in the six months ending December 31, 2023. This compares to the same period in the prior year when the Group generated revenue of $8.7 million, gross loss of $3.6 million, an operating loss of $8.2 million, and a net loss of $10.4 million from its continuing operations. 

 

 

7. Operating profit/(loss)

 

Operating profit/(loss) from continuing operations is stated after charging/(crediting):

 

             
   Year Ended June 30 
(US dollars in thousands)  2023   2022   2021 
Amortization of intangible assets   831    850    815 
Depreciation of property, plant and equipment   750    770    638 
Auditors’ remuneration - audit fees   218    177    163 
Auditors’ remuneration - tax services   8    12    12 
Directors’ emoluments   719    693    676 
(Gain)/loss on disposal of assets   (30)   13    (769)