The Wisynco Group is reporting revenues of nearly $7 billion in its unaudited financial results for the third quarter ended March 31, 2019.
This represents an increase of close to 18-percent over the nearly 6-billion dollars achieved in 2018.
Gross Profit also increased to 2-point-6 billion dollars or almost 25-percent over the 2-point-1 billion achieved in the same quarter of 2018.
Selling, Distribution & Administrative Expenses for the quarter totaled 1-point-7 billion dollars or just over 14-percent more than the 1-point-5 billion for 2018.
Finance expenses included a loss of more than 69 million.
Profit before Taxation for the quarter increased to more than 791 million or over 35-percent more than the nearly 585-million realized in Quarter 3 2018.
Wisynco recorded Profits Attributable to shareholders of almost 694 million dollars or 19 cents per share.
The company says this represents an improvement of nearly 38-cents when compared to the 504 million or 14 cents per share in the corresponding period of 2018.