Starwin Products Company Limited Reports Unaudited Earnings Results for the Third Quarter Ended September 30, 2017
Starwin Products Company Limited reported unaudited earnings results for the third quarter ended September 30, 2017. For the quarter, the company reported revenue was GHS 6,317,835 against GHS 6,783,475 a year ago. Result from operating activities was GHS 1,681,347 against GHS 2,074,020 a year ago. Profit before income taxation was GHS 910,653 against GHS 1,890,855 a year ago. Profit for the quarter was GHS 667,675 against GHS 1,418,141 a year ago. Basic and diluted earnings per share were GHS 0.0090 against GHS 0.0191 a year ago. Net cash from operating activities was GHS 1,260,889 against GHS 2,535,506 a year ago. Purchase of property, plant and equipment was GHS 630,527 against GHS 321,768 a year ago.