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. Total operating income has also remained at zero throughout this period. The company's total expenditure, excluding depreciation, has fluctuated slightly, with a total of 0.10 crore in March 2025, up from 0.08 crore in the previous years. Operating profit (PBDIT) has been negative for most years, with a loss of 0.10 crore in March 2025, although it did report a positive operating profit of 0.41 crore due to other income. Profit before tax has shown a gradual increase, reaching 0.42 crore in March 2025, while profit after tax also improved to 0.42 crore. The company's equity capital has remained stable at 5.03 crore since March 2021, but reserves have been negative, improving slightly to -1.40 crore in March 2025. The book value per share has increased to 7.22 in March 2025 from 6.39 in March 2024. Total assets have risen to 3.65 crore in March 2025, with total liabilities at 3.65 crore as well, indicating no debt. Cash and cash equivalents have remained at zero throughout the years, reflecting a lack of liquidity. Overall, the company has not generated revenue but has shown some improvement in profit metrics and asset values.