AML Foods Limited 4th Quarter Report, AML Foods Limited Chairman Report

Wed, Apr 20th 2011, 10:35 AM

AML Foods Limited today
released financial results for its fourth quarter and its fiscal year
ended January 31, 2011 showing another profitable period for the group
with a 7.5% increase in sales.

Highlights include:

Net profit of $1.4rn or 9 cents per share for the quarter compared to $l m or 6.5 cents per share for the prior year.

Sales of $25.8m for the quarter representing an increase of 7.5% over the corresponding quarter in 2009/ 10.

Net margin at 29.9% consistent with the previous
year of 29.7%. Selling, General & Administrative expenses increased
in dollar terms but

decreasing as a percentage of sales from 25.7% to 24.8%...

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