Corporate Alert: Mitchell’s Fruit Farms Limited reports EPS of 0.62 for the Nine Month period Ended June 30, 2017

For the Nine Month

Key Financials

June30, 2017

June30, 2016

% Change

Gross Sales

1,510,920,334

1,386,257,947

9%

Sales - Net

1,435,846,897

1,326,888,861

8%

Cost of Sales

1,091,334,934

1,001,285,346

9%

Gross Profit

344,511,963

325,603,515

6%

Administration Expenses

85,835,365

75,079,538

14%

Distribution and Marketing Expenses

222,353,643

199,086,254

12%

Other Operating Expenses

1,650,773

3,292,326

-50%

Other Operating Income

6,534,819

13,311,253

-51%

Profit from Operations

41,207,000

61,456,650

-33%

Finance Cost

30,279,653

33,571,124

-10%

Profit before Tax

10,927,347

27,885,526

-61%

Taxation

6,037,359

13,875,993

-56%

Profit for the Period

4,889,988

14,009,533

-65%

Earnings per Share - Basic and diluted

0.62

1.78

-65%