Financial Daily from THE HINDU group of publications
Friday, Feb 03, 2006
Financial Daily from THE HINDU group of publications Friday, Feb 03, 2006 |
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Corporate Results
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Paper, Board & Newsprint Paper Products sales up 9.9 pc Our Bureau
Mumbai , Feb. 2 PAPER Products Ltd, a flexible packaging company, achieved sales of Rs 432.86 crore for the year ended December 31, 2005 representing a growth of 9.9 per cent over sales of Rs 394.02 crore for the year ended December 31, 2004. Continued focus on the company's innovation program `New Applications Structures and Products & Processes' helped achieve better sales, a company release said. The profit before tax was Rs 37.89 crore (Rs 33.65 crore). The basic and diluted earnings per share for the year 2005 is Rs 22.07 (Rs 19.23). The board has recommended a dividend of Rs 7 per share.
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