From their website: 01/29/10
"MSC makes a turnaround
Mumias Sugar announces its unaudited half year results witnessing a turnaround in its business, with a 561%increase of profits before taxation.
Mumias Sugar has announced its unaudited half year results witnessing a turnaround in its business. the company has posted a 561% increase of profits before taxation, a 49% increase in its revenues and a 518% increase in its earnings per share.
The Net revenue was Shs 7.7 billion which is 49% higher than the Shs 5.2 billion achieved over the same period last year. Profit before taxation of Shs 1,526 million is 561% higher than the Shs 231 million achieved last year. Earnings Per Share (EPS) is Shs 0.68 compared to Shs 0.11 in the same period last year, which is an Shs 0.57 increase per share."
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