According to the report, the company has earned a net profit of Rs 304.8 million in the review period. The net profit increased by 342.53 percent compared to Rs 68.8 million of the corresponding period of the last FY.
The huge jump in the company's profit was made possible by higher growth in operating income and improvement in production efficiency.
During the period, the company's sales income increased by 28.78 percent to Rs 3.20 billion from Rs 2.48 billion. The company's net profit increased to Rs 561.6 million and operating profit increased to Rs 405.7 million from Rs 169.1 million. During the period, the company's financial expenses decreased significantly from Rs 87.2 million to Rs 43.8 million.
The company has paid-up capital of Rs 1.90 billion and reserve fund of Rs 7.40 billion. The company logged EPS of Rs 64.18, net worth per share is Rs 489.53 and the total asset value per share of Rs 750.83.
