As per the report, it recorded decline in net loss during the period.
In the review period, the company incurred net loss of Rs 28.1 million compared to Rs 58.6 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 4.69 percent and total profit by 4.36 percent. Similarly, its operating profit increased by 13.85 percent. Meanwhile, its financial expenses declined by 21.80 percent.
The company with Rs 340 million in paid-up capital has reserve loss of Rs 44.7 million. The company maintained LPS of Rs 8.28 and net worth per share of Rs 86.84.
