- Income and Profit Trends
Operating Income: The company has earned an operating income of Rs 3.55 billion in the third quarter of the current FY. The company had posted a net profit of Rs 3.52 billion in the corresponding period of the last FY.
Net loss: The company still has a net loss of Rs 158.6 million. However, this is a huge improvement from the loss of Rs 554.3 million of the review period of the last FY.
Operating Profit: The company earned an operating profit of Rs 315.5 million during the review period. In the review period of the last FY, the company earned operating profit of only Rs 17.3 million.
- Key financial indicators
- Analytical aspects
Cost Management: The company has reduced administrative and sales distribution expenses to Rs 138.4 million from Rs 197.9 million of the review period of the last FY.
Financial Weight: The net profit of the company is still under pressure due to financial expenses of Rs 491.8 million. However, interest expense has decreased compared to Rs 688.7 million of the last FY.
Market Challenges: The company has identified sluggishness in construction, intense competition and fluctuations in raw material prices as the main problems.
