The company reported a net sales income of Rs 3.09 billion by the review period compared to 2.78 billion in the same period of the last FY. With an increase of 11 percent in sales, the company's net profit also reached Rs 851.3 million, which is 15.16 percent higher than the last FY.
Key Financial Indicators
The company's earnings per share and other financial ratios are also strong:
Challenges and Professional Analysis
According to the company's report, the company has been able to maintain its market share despite some slowdown in the national economy and changes in consumer purchasing power. However, the company has identified rising raw material prices, the energy crisis and high excise duty on alcohol products as the main internal and external challenges.
The company has adopted a strategy to reduce the cost of production in the coming days by emphasizing on the use of new technologies such as 'DDGS' plants and product diversification.
Financial Analysis
Increasing operating profit: The operating profit of the company increased to Rs 1.16 billion due to the control of operating expenses.
Strong reserve fund: The company has a strong dividend distribution capacity with a paid-up capital of Rs 2.67 billion and reserve fund of Rs 1.17 billion.
Market valuation: A PE ratio of 37.23 times (based on last trading price last week) confirms the high interest of investors in the stock market.
