L.J. Williams Limited Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 30, 2016
L.J. Williams Limited announced unaudited consolidated earnings results for the third quarter and nine months ended December 30, 2016. For the quarter, the company reported sales of $38,298,000 against $38,318,000 a year ago. Operating profit was $3,560,000 against $3,550,000 a year ago. Profit before taxation was $2,577,000 against $2,602,000 a year ago. Profit for the period was $2,218,000 or 9 cents per basic share attributable to the equity holders of the company against profit of $2,517,000 or 10 cents per basic share attributable to the equity holders of the company a year ago.
For the period, the company reported sales of $90,334,000 against $86,890,000 a year ago. Operating profit was $6,147,000 against $5,220,000 a year ago. Profit before taxation was $3,476,000 against $2,093,000 a year ago. Profit for the period was $2,659,000 or 11 cents per basic share attributable to the equity holders of the company against profit of $1,834,000 or 8 cents per basic share attributable to the equity holders of the company a year ago. Net cash generated from operating activities was $3,746,000 against $4,567,000 a year ago.