How has been the historical performance of Mid East Port.?

Answer:The historical performance of Mid East Port shows a consistent lack of revenue generation and operational activity over the years.

Breakdown:
Mid East Port has reported zero net sales and zero other operating income from March 2019 to March 2025, indicating no operational revenue during this period. The total operating income has also remained at zero, with expenditures primarily consisting of employee costs and other expenses, which have seen slight fluctuations. Employee costs were 0.02 crore in the last three years, while other expenses increased from 0.06 crore in March 2023 to 0.08 crore in March 2025. Despite these expenses, the operating profit (PBDIT) has consistently been negative, with a loss of 0.10 crore reported in March 2025. However, the company recorded other income of 0.51 crore in March 2025, leading to a profit before tax of 0.42 crore and a profit after tax of the same amount. The equity capital has remained stable at 5.03 crore since March 2021, while reserves have improved from -1.97 crore in March 2021 to -1.40 crore in March 2025. The total assets have increased from 3.14 crore in March 2020 to 3.65 crore in March 2025, primarily due to cash and bank balances rising to 0.15 crore. Overall, the financial data reflects a company that has not generated operational revenue but has seen some improvement in other income and a gradual increase in total assets.