Sarbottam Cement’s Net Profit Surges by 689.24%

Sarbottam Cement Limited (SARBTM) has published its unaudited financial report for the second quarter of the fiscal year 2081/82. The report highlights a significant increase in net profit, operating revenue, and earnings per share (EPS).

Net Profit:

• The company’s net profit has reached Rs. 241.4 million by the end of the second quarter of the current fiscal year.

• In the same period last year, the net profit was only Rs. 30.5 million.

• This represents a massive 689.24% growth in net profit.

Operating Revenue:

• Revenue from operations surged 35.94%, reaching Rs. 3.98 billion.

• Gross profit also saw a 48.74% increase.

Decline in Financial Expenses Boosts Profit:

• The company’s financial costs dropped 31.96% to Rs. 156.2 million.

• Total expenses decreased by 0.77%, contributing to the profit surge.

Earnings Per Share (EPS):

• EPS has increased from Rs. 1.43 last year to Rs. 9.70 in the current quarter.

Net Worth and PE Ratio:

• Net worth per share: Rs. 186.66.

• Price-to-Earnings (P/E) Ratio: 75.25 times.

Paid-Up Capital & Reserve Fund:

• The company’s paid-up capital stands at Rs. 4.97 billion.

• The reserve and surplus fund has accumulated Rs. 4.31 billion.

Sarbottam Cement’s financial performance appears strong, with significant revenue growth, reduced financial costs, and a sharp rise in net profit. These indicators suggest an overall improvement in the company’s financial health.