Sterling Products Limited recorded an after-tax profit of $113 million for 2011 compared to $94 million in the preceding year.
Its audited financial report published in yesterday’s Guyana Chronicle revealed that revenues were up from $2.5 billion in 2010 to $3 billion last year or 16.6%. Its cost of sales rose from $1.9 billion in 2010 to $2.3 billion last year, an increase of 20.7%.
As a result, its before tax profit for 2011 was
