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)