Data provided by McGregor BFA
All data is delayed
Loading...
See More

Astrapak earnings inch up

Sep 30 2011 14:48 I-Net Bridge

Company Data

Astrapak Limited [JSE:APK]

Last traded 7.45
Change 0.06
% Change 0.01
Cumulative volume 15913
Market cap 1.01bn

Last Updated: 17/04/2014 at 01:08. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Astrapak earnings set to tank

Earnings drop for Astrapak

Leaner Astrapak remains cautious

Astrapak earnings shoot up

Bending flexibles to profit

New package on the block

 
Johannesburg - Packaging group Astrapak [JSE:APK] on Friday reported a 3.9% rise in fully diluted headline earnings per share to 24 cents for the six months ended August 2011, from 23.1 cents previously.

Its fully diluted earnings per share from continuing operations was flat at 23.8 cents, from 23.4 cents in 2010.

Astrapak reported turnover declined to R1.30bn from R1.35bn mainly as a result of a 5.5% decline in volumes, which could largely be attributed to the industrial action during the month of July 2011.

The group reported operating profit of R71.47m from R70.77m earlier, with profit from continuing operations at R39.48m, from R38.12m before.

Capital expenditure incurred was R110.5m, from R129.7m and included investments in the Flexible Division as well as a number of growth projects.

"The benefits of both will be seen towards the end of the current financial year once the items of plant have been delivered and commissioned," it said.
astrapak  |  packaging
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

An uncomfortable election

The latter few weeks of election 2014, have seen South Africans reeling from an assault on their comfort zone when it comes to voting, writes Daniel Silke

 
 

Latest elections multimedia

Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air
Elections 2014 in one cartoon
This year's election posters

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...