Apr 2006 Financial News

PLIPDECO Releases Year End Results

Apr 07, 2006

PLIPDECO reported Earnings Per Share of 116 cents for the year ended December 31, 2005 down from 126 cents. Though Turnover increased 3.17 per cent to $193.171 million, Gross Profit was down 1.15 per cent to $132.600 million due to an increase in Direct cost. Operating profit decreased 19.49 per cent to $59.114 million while Profit After Tax was down 8.17 per cent to $45.908 million.

This share is recommended as a 'SELL'.

Sreshtha Tewari
WISE Research Team