Thursday, 1 March 2018

RESULTS FOR THE SECOND QUARTER PERIOD ENDED 30TH SEPTEMBER 2017 FOR ACADEMY PRESS PLC

ACADEMY PRESS PLC
UNAUDITED  FINANCIAL STATEMENTS FOR THE SECOND QUARTER PERIOD ENDED 30TH SEPTEMBER 2017
Sector:
PRINTING/PUBLISHING
Per share Data

Current Price (N)
0.50
52 Weeks High/Low (N)
0.50/0.50
Shares Outstanding
                                                 604,800,000
Market Capitalisation
302,400,000.00
Period
FY 2017
FY 2016
% Growth
Income Statement
N' Million
N' Million

Revenue
              1,241.47
          1,057.54
17.39
Cost of Sales
              (871.64)
           (641.65)
35.84
Gross Profit
                369.83
             415.90
(11.08)
Administrative Expenses
              (244.51)
          (289.67)
(15.59)
Distribution Expenses
                (25.01)
             (22.01)
13.65
Foreign Exchange Loss
                (20.50)
-
(100.00)
Other Income
                    6.55
               12.35
(46.99)
Finance Expenses
                (90.75)
           (109.44)
(17.08)
Profit/(Loss) Before Taxation
                  (4.39)
                 7.13
(161.53)
Tax Expense
                        -  
               (2.14)
Profit/(Loss) for the Year
                  (4.39)
                4.99
(187.92)
Balance Sheet
FY 2017
FY 2016
% Growth

N' Million
N' Million

Total Asset
             2,858.58
         2,975.55
(3.93)
Total Liabilities
             2,637.83
          2,750.41
(4.09)
Shareholders' Fund
                220.75
             225.14
(1.95)
Fundamental Analysis
FY 2017
FY 2016
% Growth
Basic (Loss )/Earnings Per Share (N)
0.007
0.008
(12.50)
P.E (x)
71.43
62.50
14.29
PBT Margin (%)
(0.004)
0.007
(152.42)
PAT Margin (%)
(0.004)
0.005
(174.89)
Net Asset Per Share (N)
0.36
0.37
(1.95)
ROA%
(0.00)
0.00
(191.52)
ROE %
(0.02)
0.02
(189.67)