Tricklestar Ltd has recorded higher revenues for the past 3 years. This has lifted the company from a net loss of US$ 0.26 million in 2016 to having net profits of US$ 1.97 million in 2018. Its adjusted earnings per share (EPS) had increased to 2.41 US cents in 2018, from a negative 0.31 US cents in 2016. The profit growth was contributed by an increase in sales and a dip in administrative expenses.
Figures in US$ ‘000 in unless stated otherwise
Year2016
2017
2018
Revenues8,894
10,322
12,841
Shareholders’ Earnings(256)
647
1,968
Earnings per Share (US Cents)(0.31)
0.79
2.41
Return on Equity (%)-6.30%
15.67%
38.30%
Source: Tricklestar Ltd’s Placement Document
#3:...
