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-14 | Dec-15 | Change | |
| Total Assets | 22.24 | 25.18 | 13.20% |
| Total Equity | 17.62 | 17.33 | -1.65% |
| Sales | 14.19 | 12.77 | -10.01% |
| Net Profit | 3.57 | 2.77 | -22.47% |
Source: BSE News
