Ciments Blancs’sNet Profits Recorded a Yearly Decline of 22.5% in 2015

Ciments Blancs posted net profits of $2.77M in 2015, a 22.47% decrease from $3.57M in 2014. This occurred due to a 10.01% yearly decrease in sales to $12.77M.

On the balance sheet, total assets increased from $22.24M in 2014 to $25.18M in 2015.

In contrast, total shareholders’ equity also went down from $17.62M to $17.33M, over the same period.

 

Ciments Blancs’ Financial Highlights ($M)

 Dec-14Dec-15Change
Total Assets22.2425.1813.20%
Total Equity 17.6217.33-1.65%
Sales14.1912.77-10.01%
Net Profit 3.572.77-22.47%

Source: BSE News

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