Wisynco Group Reports Increase in Profits

The Directors of the Wisynco Group Limited have released their unaudited financial results for the third quarter ended March 31, 2018, reporting revenues of almost $6-billion.

This represents an increase of over 13-percent when compared to the more than $5-billion achieved in the corresponding quarter of the previous year.

Gross profit also increased to over $2-billion. This represents just over 16-percent increase over the almost $2-billion achieved in the same quarter of the previous year.

Gross Margin of almost 36-percent was slightly higher than the just over 35-percent for the corresponding quarter,

And for the 9 months ended March 2018, Gross Margin improved by 1.4 percent when compared to the first 9 months of 2017.

The company has declared an interim dividend of $6.03 to all shareholders with an ex-dividend date of May 21 and a payment date of May 29.


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