DESPITE the challenges of the COVID-19 pandemic and its associated restrictions, the Leeton Soldiers Club has posted a healthy trading profit for the 2019-20 financial year.
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The club recorded a trading profit of $793,165 despite labelling the pandemic as its biggest challenge since going into voluntary administration in 2012.
It is an excellent result for the club, which did have to cease operations in March at the peak of the pandemic.
The trading profit was representative of just under 10 months of trading, so had it been a "normal year" the numbers would likely have been even further in the black.
In his president's report, Barry Greatz said the result was an indication of how the board and management had been able to responsibly sustain and protect the club under trying conditions.
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"Fortunately, we were in such a strong financial position at the time of the closure in March this year that we were able to 'weather the storm' and survive to re-open once the government gave its approval two months later," he said.
"Thanks to the Jobkeeper initiative, not only were we able to retain 21 of our most valuable staff through this crisis, but we were able to restrict our financial outgoings, during lockdown, to essential costs such as electricity, insurance and some wages."
In more good news for the club, planning is now in the final stages for upgrading various facilities at the venue and has given away thousands to local community groups.
However, support of the club needs to continue.
"It is critical now, more than ever, that you all continue to support the many services that our club provides for our members to ensure that we are able to continue to function successfully," Mr Greatz said.
"I certainly trust that all members will gain some personal benefit from our refurbished venue and enjoy the improved facilities that will eventually be provided.
"On behalf of the board and members I must acknowledge the leadership of secretary-manager Adam McIntyre and his dedicated band of committed staff."