JIK Industries Limited Reports Standalone and Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 20, 2018 at 05:54 am
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JIK Industries Limited reported standalone and consolidated unaudited earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on standalone basis, the company reported revenue from operations of INR 0.963 million against INR 2.986 million a year ago. Loss before exceptional items and tax was INR 2.731 million against INR 0.933 million a year ago. Loss before tax was INR 2.731 million against INR 0.933 million a year ago. Loss for the period from continuing operations and loss for the period was INR 2.731 million or INR 0.04 per basic and diluted share against INR 0.933 million or INR 0.01 per basic and diluted share a year ago.
For the nine months, on standalone basis, the company reported revenue from operations of INR 2.588 million against INR 11.755 million a year ago. Loss before exceptional items and tax was INR 8.223 million against INR 3.389 million a year ago. Loss before tax was INR 8.223 million against INR 3.389 million a year ago. Loss for the period from continuing operations and loss for the period was INR 8.223 million or INR 0.11 per basic and diluted share against INR 3.389 million or INR 0.05 per basic and diluted share a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations of INR 0.963 million against INR 2.986 million a year ago. Loss before exceptional items and tax was INR 2.846 million against INR 1.027 million a year ago. Loss before tax was INR 2.846 million against INR 1.027 million a year ago. Loss for the period from continuing operations and loss for the period was INR 2.846 million or INR 0.04 per basic and diluted share against INR 1.027 million or INR 0.01 per basic and diluted share a year ago.
For the nine months, on consolidated basis, the company reported revenue from operations of INR 2.588 million against INR 11.755 million a year ago. Loss before exceptional items and tax was INR 8.572 million against INR 3.601 million a year ago. Loss before tax was INR 8.572 million against INR 3.601 million a year ago. Loss for the period from continuing operations and loss for the period was INR 8.572 million or INR 0.12 per basic and diluted share against INR 3.601 million or INR 0.05 per basic and diluted share a year ago.
JIK Industries Limited is an India-based company, which is engaged in general trading and services. The Company is focusing on trading activities and exploring new opportunities to venture into new businesses. The Company trades and markets hospitality products. It offers a range of hospitality products, such as glassware, ceramics, bone China, porcelain, stoneware opal, melamine, SS cutlery and kitchenware in the hospitality industry of multiple brands and range from local and international brands to its customers. Its utilities services offer glasses/tumblers, stemware/wine goblets, beer glasses/mugs, decanters, jars/jugs, bowls, plates/dishes, ashtrays/coasters, napkin rings and holders, and ice buckets. The Company's decorative services provide trophies, rocks, flowers/trees, vases, clocks, paper weights, candle holders, pendants, art pieces and figurines.
JIK INDUSTRIES LIMITED 
