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%...