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CMLT Releases Full Year Results
SAS Research+ | Industry Report

Camelot Ghana Limited (CMLT) released its un-audited financial results for the year ended December 31, 2006. CMLT recorded a turnover of ¢15,190 million which represents an increase of 44.57% over a year ago. Cost of sales increased by 32.47% to ¢6826 million, resulting in a 56.22% increase in gross profit o to ¢8,364 million. The company also recorded an increase of 48.48% to ¢7,862 million in general administrative and selling expenses over a year ago. CMLT recorded a net profit of ¢281 million in 2006 compared to ¢82 million recorded in 2005.

Source: SAS

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