How has been the historical performance of the Asia Pack?

Answer:The historical performance of Asia Pack shows a decline in net sales and total operating income from March 2016 to March 2017. Net sales decreased from Rs 31.51 crore in March 2016 to Rs 23.66 crore in March 2017, while total operating income fell from Rs 31.53 crore to Rs 23.69 crore in the same period. The company experienced a slight increase in employee costs and a decrease in other expenses. Operating profit, excluding other income, was negative at Rs -0.25 crore in March 2017 compared to Rs -0.24 crore in the previous year. The profit before tax also declined from Rs 0.56 crore to Rs 0.50 crore, leading to a net profit decrease from Rs 0.49 crore to Rs 0.43 crore. The earnings per share (EPS) dropped from Rs 1.85 to Rs 1.65, and the operating profit margin turned negative from -0.77% to -1.04%. On the balance sheet, total liabilities decreased from Rs 28.33 crore to Rs 26.48 crore, while total assets also fell from Rs 28.33 crore to Rs 26.48 crore. Cash flow from operating activities remained low, with a net cash inflow of Rs 0.00 crore in March 2017 compared to Rs 0.08 crore in March 2016.

Breakdown:
Asia Pack's financial performance from March 2016 to March 2017 indicates a significant downturn, particularly in sales and profitability. The net sales and total operating income both saw a notable decline, reflecting challenges in revenue generation. Despite a slight increase in employee costs, the overall expenditure decreased, yet the operating profit remained negative, indicating ongoing operational difficulties. The decline in profit before tax and net profit further highlights the company's struggles, with earnings per share also reflecting this downward trend. On the balance sheet, total liabilities and assets both decreased, suggesting a contraction in the company's financial position. Cash flow from operating activities was stagnant, with no net cash inflow, underscoring the need for improved operational efficiency and revenue generation strategies.