SOS reports 47% increase in year end net profits
Date: March 02, 2020 Stationery & Office Supplies Ltd. (SOS), for the year ended December 31, 2019, reported year end revenue of $1.22 billion relative to $1.06 billion in 2018, a 14% increase, while for the fourth quarter revenues moved from $262.92 million in 2018 to $284.77 million in 2019. The company’s cost of sales totaled $635.37 million up 13% relative to the $559.85 million reported in 2018. As a result gross profit grew by 15% amounting to $582.62 million relative to the $504.51 million booked in 2018, while for the fourth quarter gross profit moved from $98.39 million in 2018
DTL reports 9% increase in year end net profit
Date: March 02, 2020 Derrimon Trading Limited (DTL), for the year ended December 31, 2019, reported trading income of $12.65 billion compared to the $9.30 billion for the prior comparable period, a 36% increase. For the quarter, trading income went up grossly by 5% closing at $3.12 billion (2018: $2.96 billion). Cost of sales increased by 36% to $10.37 billion for the period (2018: $7.61 billion). As a result, Gross profit amounted to $2.28 billion relative to $1.69 billion for the prior comparable period, an increase of 35% year over year. Gross profit for the quarter totalled $619.93 million (2018:
SVL reports 16% increase in year end net profits attributable to shareholders
Date: March 02, 2020 Supreme Ventures Limited (SVL), for the year ended December 31, 2019, reported a 17% increase in ‘Total Gaming Revenue’ from $32.94 billion in 2018 to $38.52 billion in 2019. While, for the quarter, ‘Total Gaming Revenue’ closed at $6.59 billion (2018: $5.05 billion). According to SVL, “Lotteries and PINs segments continued to deliver results above expectations based on the strategic initiatives implemented during the year earning $3.52 billion, an increased 17.46% over prior year. The sports betting segment (excluding AnyBet), achieved gross ticket sales of $1.31 billion and segment results of 18 million, a significant achievement