2018

2017

% change

Revenue

38,990,247

42,346,753

-7.93%

Sales Tax, Excise Duty and Discounts

(10,544,936)

(11,346,711)

-7.07%

Net Revenue

28,445,311

31,000,042

-8.24%

Cost of Sales

(21,448,040)

(21,883,842)

-1.99%

Gross Profit

6,997,271

9,116,200

-23.24%

Other Income

17,977

17,793

1.03%

Distribution Cost

(2,207,445)

(2,683,532)

-17.74%

Administrative and general expenses     

-1,081,326

(1,118,844)

-3.35%

Other expenses

(63,376)

(176,194)

-64.03%

Operating Profit                   

3,663,101

5,155,423

-28.95%

Finance Cost

(2,103,343)

(1,546,604)

36.00%

Share of Loss of Associate  

(2,456)

(5,354)

-54.13%

Profit before taxation

1,557,302

3,603,465

-56.78%

Taxation     

(185,833)

(295,211)

-37.05%

Profit after Taxation 

1,371,469

3,308,254

-58.54%

Earnings per share-basic and diluted

2.67

6.56

-59.30%