As per the report, it recorded decline in net loss during the period.
In the review period, the company incurred net loss of Rs 4.5 million compared to Rs 39.1 million of the corresponding period of the last FY.
Increase in sales income and decrease in financial expenses helped to cut net loss during the period.
During the period, the company raised its sales income by 11.22 percent to Rs 89.9 million. Similarly, its total income increased by 10.95 percent and total profit by 14.84 percent.
Meanwhile, its financial expenses declined by 32.19 percent.
The company with Rs 260 million in paid-up capital has reserve and retained loss of Rs 255 million. The company maintained LPS of Rs 1.73 and net worth per share of Rs 3.40.
