Premco Global announced that the Board of Directors of the Company at its meeting held on 29 June 2020, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

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Net profit of Premco Global reported to Rs 0.01 crore in the quarter ended March 2020 as against net loss of Rs 0.10 crore during the previous quarter ended March 2019. Sales rose 11.55% to Rs 18.74 crore in the quarter ended March 2020 as against Rs 16.80 crore during the previous quarter ended March 2019.

For the full year,net profit rose 75.86% to Rs 4.59 crore in the year ended March 2020 as against Rs 2.61 crore during the previous year ended March 2019. Sales rose 8.89% to Rs 76.32 crore in the year ended March 2020 as against Rs 70.09 crore during the previous year ended March 2019.

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Premco Global will hold a meeting of the Board of Directors of the Company on 29 June 2020.

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Net profit of Premco Global reported to Rs 0.27 crore in the quarter ended December 2019 as against net loss of Rs 2.25 crore during the previous quarter ended December 2018. Sales declined 1.82% to Rs 18.36 crore in the quarter ended December 2019 as against Rs 18.70 crore during the previous quarter ended December 2018.

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