In the review period, although the income from sales declined increase in income from other sources as well as a decrease in interest expenses helped its net profit to surge.
In the review period, the company earned Rs 30.4 million from sales which decreased by Rs 10.2 million compared to last FY. however, its income from other sources increased to Rs 65.3 million from Rs 19.3 million.
Similarly, the interest expenses of the company decreased to Rs 6,569 from earlier Rs 4.7 million which boosted its net profit.
The company with Rs 998.3 million in paid-up capital has reserve fund of Rs 144.3 million. The company logged EPS of Rs 13.77, net worth per share of Rs 114.46 and P/E ratio of 16.99 times.
