The CEO in his review attributes the decline was due to "The variance between top line growth and decline in earnings is explained by sharp variations in performance of the different sectors within the Group."
He further explains "The strong performance of our healthcare, personal care, leisure and transportation businesses is encouraging in tough market conditions and these have driven good revenue growth. However the plant closure at J.L. Morison, poor rainfall impacting our mini hydro power plants and the charging of the heat rate reserve at our thermal plant and weak results of N-able have been a drag on profits resulting a 12% decline in Group Profit After Tax."
Last edited by Lalindra on Thu Aug 14, 2014 1:58 pm; edited 1 time in total (Reason for editing : line alignment)