How has been the historical performance of Abate As Indust?

Answer:The historical performance of Abate As Indust shows a consistent trend of zero net sales and zero other operating income over the years from March 2017 to March 2024. The total operating income has remained at zero during this period, indicating no revenue generation. The company has incurred employee costs that have fluctuated slightly, with the highest being 0.16 crore in March 2023 and the lowest at 0.01 crore in March 2017. Other expenses have increased significantly to 0.84 crore in March 2024 from 0.00 crore in earlier years. Total expenditure, excluding depreciation, has also risen to 0.91 crore in March 2024, leading to an operating profit (PBDIT) of -0.91 crore, which has worsened from -0.08 crore in March 2017. The profit before tax and profit after tax figures reflect similar negative trends, with losses increasing to -0.91 crore in March 2024. The net profit has consistently been negative, culminating in -0.91 crore in March 2024, with earnings per share also reflecting losses, dropping to -1.81 in the same period. The company's financial position shows no equity capital changes, remaining at 5.02 crore, while reserves have turned negative, reaching -5.92 crore in March 2024.

Breakdown:
Abate As Indust has not generated any revenue from net sales or other operating income from March 2017 to March 2024, maintaining a total operating income of zero. Employee costs have shown a slight increase over the years, peaking at 0.16 crore in March 2023, while other expenses surged to 0.84 crore in March 2024. This led to total expenditures rising to 0.91 crore, resulting in an operating profit (PBDIT) of -0.91 crore in March 2024, a decline from previous years. Profit before tax and profit after tax have also worsened, with both figures at -0.91 crore in March 2024. The net profit has consistently been negative, with the most recent figure at -0.91 crore, and earnings per share have dropped to -1.81. The company's equity capital has remained unchanged at 5.02 crore, while reserves have deteriorated to -5.92 crore, indicating a challenging financial situation.