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Lasco Manufacturing Ltd (LASM) ???? recently reported their September 2022 (2023Q2) numbers on Fri Nov 04, 22 (2 weeks ago). Here are the highlights.
This is just a summary, but for more charts, ratios and other details visit LASM’s page here
How Do They Make Money?
The main activities of the company are the manufacturing ? of soy based products ?, juice drinks ?, water and packaging of milk based products. Distribution ? of these products is done in the local market.
This Quarter (2023Q2) vs Same Quarter Last Year
Let’s look at the most recent quarter.
Income Statement
- ? Revenue was $2.87b vs $2.34b ⬆️22.64%
Company seeing a boost in sales. About to hit J$3b - Gross Profit of $1.07b vs $869.54m ⬆️23.48%
Company benefiting from 37% gross margins -
JMMB / Jamaica – Fri Nov 11, 2022 01:00 pm
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IC Insider / Jamaica – Sun Nov 06, 2022 07:36 pm
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Our Today / Jamaica – Sun Nov 06, 2022 09:00 am
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Mayberry Investments / Jamaica – Fri Nov 04, 2022 05:31 pm
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Jamaica Stock Exchange / Jamaica – Fri Nov 04, 2022 01:31 pm
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Jamaica Gleaner / Jamaica – Fri Sep 30, 2022 12:08 am
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MoneyMax101 / Jamaica – Sun Aug 28, 2022 01:21 pm
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Same for #lasm. Not seeing any impressive growth in sales. Profit jumping due to cost savings… reducing expenses@Stephen / Fri Feb 05, 2021 08:22 pm
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Ok so @doose is bullish #lasm. Noted. I’ve been seeing more talk about them. I think their price…@Stephen / Tue Jan 26, 2021 07:07 am
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Well #wisynco has been quite popular. Plus they’re a leader in their field so I wouldn’t worry much…@Stephen / Sun Jan 24, 2021 11:38 am
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#LASM increased margins and reduced Admin Expenses, pushing profit up 41% for the quarter@MoneyMax101 / Wed Nov 11, 2020 08:20 am
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#LASM mad undervalued man… according to Barita.. a good 38%@Stephen / Tue Oct 20, 2020 06:32 pm
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