31.03.2014 Accumulated Loss in the Balace Sheet Rs.(85.2) Mn.
But, 31.12.2014 09 months ended Accumulated Profit in the Bance Sheet is Rs.46.02.
Clearly, It has changed.
Also, as at 31'st Dec2014, their Long term Borrowings and Short Borrowings were massively reduced now.
Dont forget. Their Chairman is Mr.Nimal Perera. Can remember after accquation of RCL, NOW it is multi Billion company. This quarter RCL has reported more than 600 Mn Profit for the quarter with Mr.Nimal Perera's input. Why forget PARQ future.
Compaire to previous year PARQ revenue has increased by 25 %.
Gross Profit was up by 58 %.
Finance Cost Reduced by 53%.
Profit before Tax is up by 312%.
PAT up by 324%.
Last year 09 monthe ended 31.12.2013 EPS 1.29 & THIS YEAR 09 MONTHS ENDED 31.12.2015 eps 5.29. What a growth & it was up by 315%.
Also, Operating Cash Flow massively improved.
See, Group Aluminium segment has increased by 432%.
Don't miss PARQ. THIS IS MASSIVELY UNDERVALUED GEM now. It will break Rs.64/- by April. My next barrier is Rs.54/-.
Tomorrow more possible to reach 49 mark.