Strong financial year for SOS

• For the year ended December 31, 2019, Stationery and Office Supplies Limited reported audited net profit of $134.56Mn (EPS:54¢), up by 46.8% (or $42.89Mn) relative to the same period one year prior.
• This performance was driven by a 14.4% (or $153.62) increase in revenues— which outstripped the 58.7% (or $57.71Mn) increase in total expenses—coupled with a 254.6% (or $0.78Mn) increase in finance income.
• The stock has fallen by 11.98% since the beginning of the calendar year. SOS closed Wednesday’s trading session at $9.70 and currently trades at a P/E of 18.0x earnings which is below The Junior Market Distribution Sector Average of 21.6x earnings.

(Source: SOS Financials)