The net profits of Salt Trading Corporation (STC) increased 58.05 percent in the last fiscal year.
According to the financial report unveiled by the government undertaking, it earned a net profit of Rs 78.83 million in the fiscal year 2022/23. In the previous fiscal year, the amount was Rs 49.85 million.
With the increase in profits, the earnings per share of STC increased by Rs 8.59 to Rs 28.26. As of mid-June 2023, the company’s net worth per share was Rs 419.60 and the price-to-earnings ratio was 173.38.
In the last fiscal year, the total income of the company increased by 10.47 percent to Rs 955.87 million.