CAR reports 4% decline in nine months net profit attributable to shareholders
February 14, 2020 Carreras Limited (CAR), for the nine months ended December 31, 2019 reported Operating Revenue of $10.28 billion, 4% more than the $9.86 billion booked in 2018. Revenue for the quarter increased by 2% compared to the corresponding quarter moving to $3.64 billion in 2019 from $3.55 billion in 2018. Cost of Operating Revenue also increased year over year by 5%, amounting to $5.20 billion in 2019 from $4.96 billion recorded in 2018. As such, Gross Operating Profit went up by 4% to total $5.08 billion relative to the $4.91 billion in 2018. Other Operating Income decreased 41% moving
GWEST reports $63.15 million net loss for the nine months ended December 2019
February 14, 2020 GWEST Corporation Limited (GWEST), for the nine months ended December 31, 2019 booked Total revenue of $101.83 million, an increase of 13% when compared with the $90.08 million booked last year. Revenue rose by 2% or $535,000 for the third quarter, amounting to $32.92 million (2018: $32.38 million). The company highlighted that “Our steady revenue increase is attributable to our Urgent Care which is now accredited and is able to accept all major health cards. We expect to see a continued and steady growth in our revenues during the ensuing months.” Cost of sales amounted to a total
HONBUN reports 29% increase in first quarter net profit
February 14, 2020 Honey Bun (1982) Limited, for the quarter ended December 31, 2019, recorded a 14% increase in revenue to total $422.47 million (2018: $369.01 million). The company stated that, “ this was due to increased capacity and new markets penetration.” Cost of sales for the period increased by 9% to close the quarter at $210.85 million relative to $194.15 million in 2018. As such, gross profit for the quarter amounted $211.62 million, a 21% increase year over year from the $174.87 million booked in 2018. Other gains for the first three months amounted to $186,604 (2018: $1.82 million). As