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EAPC post profit in HY to Dec 2012 on cost containment
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mwekez@ji
#1 Posted : Monday, February 25, 2013 10:45:59 AM
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Joined: 5/31/2011
Posts: 5,121
Revenue; down 8.14%
Cost of Sales; down 21.12%
Gross profit; up 51.12%
Administration and selling expenses; down 11.18%
Profit Before Tax up 252.31% (PBT of KES 376,520,000 from loss of KES 247,201,000)
Profit After Tax up 186.87% (PAT of KES 327,193,000 from loss of KES 376,634,000)
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maka
#2 Posted : Monday, February 25, 2013 11:11:30 AM
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Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
They should keep up with this kind of results for a couple more years...lets say 5
possunt quia posse videntur
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mwekez@ji
#3 Posted : Monday, February 25, 2013 12:35:39 PM
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mwekez@ji
#4 Posted : Monday, February 25, 2013 3:47:26 PM
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Joined: 5/31/2011
Posts: 5,121
now that the numbers have turned green, EAPC is eying expansion and looking at raising the required capital via NSE >>>

"We are now discussing the financing of these projects," managing director Kephar Tande told investors in Nairobi.

Portland plans to raise new capital through the Nairobi bourse, with the aim of increasing clinker production to 1.5 million tonnes by 2016 from 450,000 tonnes.

http://www.reuters.com/article/...gs-idUSL6N0BP2T320130225
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