As per the report, although its sales income declined, it managed to increase net profit during the period.
In the review period, the company earned Rs 92.1 billion in sales income. The income declined by 14.40 percent compared to Rs 107.6 million of the corresponding period of the last FY.
However, it earned net profit of Rs 18.6 million in the review period which is 22.50 percent growth compared to the review period of the last FY. Decline in financial expenses can be attributed to the increase in net profit despite of decrease in sales income. Its financial expenses declined by 18.21 percent.
The company maintained EPS of Rs 1.87, net worth per share of Rs 89 and P/E ratio of 105.08 times.
The company with Rs 2 billion in paid-up capital has reserve loss of Rs 214.2 million.
