Seprod Limited Finished Strong in 2018

 

• The audited financials for Seprod revealed that net profit for 2018 increased to $1.06Bn (EPS: $2.07), representing an improvement of 63.9% over the $647.84Mn (EPS: $1.42) recorded in 2017.
• The major items which contributed to this performance were an increase in revenues (+42.7%) and a decline in other operating expenses (-25.1%).
• The stock has rallied 58.2% since the start of the calendar year, closing yesterday’s trading session at $47.41. At the current price the stock trades at a P/E of 15.6x earnings which is below the Main Market Distribution sector average of 18.3x.

 (Source: Seprod Financials)