L.J. Williams Limited Reports Unaudited Group and Parent Earnings Results for the Nine Months Ended December 31, 2017
February 08, 2018 at 02:11 pm EST
L.J. Williams Limited reported unaudited group and parent earnings results for the nine months ended December 31, 2017. For the nine months, on group basis, the company reported sales of $103,578,000 against $90,334,000 a year ago. Operating profit was $10,540,000 against $6,147,000 a year ago. Profit before taxation was $7,866,000 against $3,476,000 a year ago. Total comprehensive profit for the period attributable to equity holders of the company was $6,994,000 against $2,713,000 a year ago. Basic earnings per share from attributable to the equity holders of the company were 29 cent compared to 11 cents for the same period a year ago. Net cash used in operating activities was $1,002,000 against $3,027,000 a year ago.
The parent company's sales are 4.7% above last year. Higher sales and improved margins have resulted in a better profit contribution to the Group.