*Eastern Silk Industries* disclosed a substantial drop in standalone net profit for the quarter ended December 2008.
During the quarter, the profit of the company declined 99.03% to Rs 2.47 million from Rs 255.17 million in the same quarter last year. Net sales declined 24.63% to Rs 1,273.51 million, while total income for the quarter fell 25.49% to Rs 1,275.77 million, when compared with the prior year period. The company posted earnings of Rs 0.03 a share during the quarter, registering 99.81% decline over prior year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 1,273.51 1,689.62 (24.63) *Net Profit* 2.47 255.17 (99.03) *Basic EPS* 0.03 16.16 (99.81) During the quarter, the interest cost increased 9.89% to Rs 68.34 million while depreciation cost fell 11.05% to Rs 41.13 million over previous year period --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
