In the review period, the company incurred net loss of Rs 17 million compared to Rs 1.6 million net loss of the corresponding period of the last FY.
Although the company minimally raised its sales income, increase in expenses pulled up its net loss during the period.
In the review period, the company earned sales income of Rs 69.7 million from Rs 67.4 million of the last FY. Similarly, its other income declined to Rs 2.1 million from Rs 22.5 million dragging down its total income to Rs 71.9 million from previously Rs 89.9 million. Meanwhile, its total expenses increased to Rs 88.4 million from Rs 86 million that pulled up its net losses.
The company with Rs 1.65 billion in paid-up capital has reserve loss of Rs 253.2 million. The company has net worth per share of Rs 95.65.
