Proplastics Limited Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2017
Proplastics Limited announced audited consolidated earnings results for the year ended December 31, 2017. For the year, the company announced revenue of USD 16,103,935 compared to USD 14,143,085 a year ago. Profit before tax was USD 1,974,667 compared to USD 872,258 a year ago. Profit for the year was USD 1,358,448 or 0.54 cents per diluted share compared to USD 679,221 or 0.27 cents per diluted share a year ago. Net cash flows from operating activities were USD 4,211,507 compared to USD 2,636,642 a year ago.