Kokuyo Camlin Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
January 31, 2023 at 04:46 am EST
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Kokuyo Camlin Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 1,721 million compared to INR 1,425.69 million a year ago. Revenue was INR 1,744.07 million compared to INR 1,427.21 million a year ago. Net income was INR 35.02 million compared to INR 23.85 million a year ago. Basic earnings per share from continuing operations was INR 0.35 compared to INR 0.24 a year ago. Diluted earnings per share from continuing operations was INR 0.35 compared to INR 0.24 a year ago.
For the nine months, sales was INR 5,574.85 million compared to INR 3,442.19 million a year ago. Revenue was INR 5,606.13 million compared to INR 3,446.79 million a year ago. Net income was INR 156.87 million compared to net loss of INR 76.65 million a year ago. Basic earnings per share from continuing operations was INR 1.56 compared to basic loss per share from continuing operations of INR 0.76 a year ago. Diluted earnings per share from continuing operations was INR 1.56 compared to diluted loss per share from continuing operations of INR 0.76 a year ago.
Kokuyo Camlin Limited is an India-based holding company engaged in the business of manufacturing, trading and selling of stationery. It manufactures art material, marker pens, inks, pencils and others stationery products. The Company's products are classified into school and education products, fine art and hobby materials, and office stationery products. Its product portfolio consists of inks, writing instruments, colors, technical and drawing instruments, office stationery, markers, fine art, notebooks, and scholastic and hobby art materials. Its student's products include adhesives, brush pens, geometry box, oil pastels, pens, plastic crayons, sketch pen and washable crayons. Its office professional's products include correction pens, gum and paste, markers and marker inks, and office products accessories. Its artist and designer products include art materials, artist's pastels, artist's watercolors, artist's oil color, brushes and watercolor pencils.