Fineotex Chemical Ltd., a specialty chemicals manufacturer has reported financial results for the period ended March 31, 2022.
Q4 Results
The company’s net profit grew by 47.3% to Rs 165.24 million for the period ended March 31, 2022 as against Rs 112.22 million for the period ended March 31, 2021.
Net sales increased by 56.1% to Rs 1.22 billion during the period ended March 31, 2022 as compared to Rs 779.35 million during the period ended March 31, 2021.
Full-Year Results
The company’s net profit increased by 29.5% to Rs 551.74 million for the full-year period ended March 31, 2022 as against Rs 425.87 million for the full-year period ended March 31, 2021.
The company has reported net sales of Rs 3.73 billion during the full-year period ended March 31, 2022, an increase of 58.4% as compared to Rs 2.36 billion during the full-year period ended March 31, 2021.
The company has reported EPS of Rs 4.97 for the full-year period ended March 31, 2022 as compared to Rs 3.83 for the full-year period ended March 31, 2021.
Fineotex Chemical is mainly engaged in the business of manufacture and selling of Textile Chemicals and Auxiliaries.