Asahi Songwon Colors has reported results for third quarter ended December 31, 2013.
The company has reported over two fold rise in its net profit at Rs 4.25 crore for the quarter ended December 31, 2013 as compared to Rs 2.00 crore for the same quarter in the previous year. Total income from operations of the company has increased by 31.05% at Rs 79.89 crore for quarter under review as compared to Rs 60.96 crore for the quarter ended December 31, 2012.
Asahi Songwon initially established manufacturing facility for pigment green 7 with a capacity of 600 MT. Then, after getting good international market, the capacity has been increased to 1200 mt/annum.
