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8 11, 2018

LASM reports 49% increase in six months net profit

2018-11-08T21:28:34-05:00

Date: November 08, 2018 Lasco Manufacturing Limited (LASM) for the six months ended September 30, 2018 recorded an increase of $302.01 million or 9% in revenue to total $3.80 billion relative to the $3.50 billion recorded for the comparable period in 2017. For the second quarter, total revenue closed at $2.07 billion (2017: $1.99 billion),

7 11, 2018

BIL reports an 84% increase in year end net profit

2018-11-08T13:41:05-05:00

November 07, 2018 For the year ended September 30, 2018, Barita Invested Limited’s (BIL) interest income declined 10% to $1.02 billion relative to $1.13 billion for the previous year. Interest expense also declined by 29% to close at $599.66 million compared to $847.44 million in 2017. As a result, net interest income for the year increased

7 11, 2018

LASD reports 14% growth in net profit for the six months period

2018-11-14T18:17:09-05:00

Date: November 07, 2018 Lasco Distributors Limited (LASD), for the six months ended September 30, 2018, posted 5% growth revenues to $8.78 billion, up from $8.35 billion in the corresponding period in 2017. For the quarter, revenues increased by 7% closing at $4.50 billion (2017: $4.22 billion). Cost of sales amounted to $7.01 billion, up

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