Salt Trading Corporation’s Net Profit Declines

Apr 01, 2022 04:33 PM Merolagani

Salt Trading Corporation (STC) has published its second quarter of the current FY. As per the report, its net profit has declined compared to the corresponding period of the last FY.

In the review period, the company earned a net profit of Rs 12.7 million compared to Rs 25.2 million of the corresponding period of the last FY. 

During the period, the sales income of the company decreased to Rs 3.51 billion from earlier Rs 5.89 billion. Similarly, its total profit declined to Rs 434.1 million from Rs 512.3 million. 

In the period, the company logged EPS of Rs 11.09, P/E ratio of 620.41 times and net worth per share of Rs 455.21.

The company with Rs 230.4 million in paid-up capital has reserve fund of Rs 1.31 billion.

 

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