Linc Pen & Plastics Limited Announces Audited Earnings Results for the Fourth Quarter and Year Ended March 31, 2018; Provides Sales Guidance for the Year 2019
For the year, the company reported revenue from operations of INR 3,318.915 million compared to INR 3,504.934 million a year ago. Total Income was INR 3,330.543 million compared to INR 3,509.193 million a year ago. Profit before Tax was INR 124.779 million compared to INR 239.465 million a year ago. Profit for the period was INR 78.411 million compared to INR 172.632 million a year ago. Basic and diluted earnings per share was INR 5.30 compared to INR 11.68 million a year ago. EBITDA was 8.1% compared to 9.7% a year ago.
The company expects significant improvement in the domestic sales as well as exports in 2019.