As per the company’s report, its net profit has decreased compared to the corresponding period of the last FY.
In the review period, the company earned a net profit of Rs 19.2 million, a decline of 41.73 percent compared to Rs 33 million of the review period of the previous FY.
Decline in sales can be attributed to the decline in profit.
During the period, the company logged 13.95 percent decline in sales income. As per its report, mechanical damage and production stoppage due to NEA suspension, its sales fell down during the period.
Along with net profit, its EPS declined to Rs 9.62. it has maintained P/E ratio of 17.67 times and net worth per share of Rs 72.57.
