All data is delayed
See More

Astrapak earnings inch up

Sep 30 2011 14:48
I-Net Bridge

Company Data

Astrapak Limited [JSE:APK]

Last traded 4
Change 0
% Change 0
Cumulative volume 1350
Market cap 0

Last Updated: 07-10-2015 at 09:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

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


Read Fin24’s Comments Policy 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
Comments have been closed for this article.

Company Snapshot

We're talking about:


With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills..

Money Clinic

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

Voting Booth

A 30% a month return on investment is:

Previous results · Suggest a vote