Atlas African Industries Limited (ADSS)

atlas

Company Overview:

Atlas African Industries Limited, formerly Atlas Development & Support Services Limited, is engaged in building a business based on the provision of support services, and the investment in and development of industrial projects with a particular focus on the Ethiopian consumer market. The Company provides international-standard services. Its industrial division is formed to access the multiple opportunities within the East African consumer market, with an initial focus on consumer-based industrial projects. The Company, through its subsidiary, East Africa Packaging Holdings (EAPH), is focused on building a glass bottle manufacturing facility approximately 45 kilometers north of Addis Ababa, Ethiopia (the Chancho Project). The Company’s Chancho Project is in feasibility-stage.

Shares Issued:                            1.50B

Trading Year End:              December 31

ATLAS AFRICAN INDUSTRIES LIMITED (ADSS) TOP SHAREHOLDERS

 NAMEOWNERSHIP (%)
1.US Global Investors Fund18.73
2.Innovative Africa Investments Limited14.22
3.Duet Group10.27
4.Eagle Investments Limited4.26
5.Beyond Africa Fund Limited3.95
6.Miton UK Microcap Trust PLC3.14
7.Others45.43
Total100.00

 

ATLAS AFRICAN INDUSTRIES LIMITED (ADSS) FINANCIALS

  FY 2016 ($000)FY 2015 ($000)FY 2014 ($000)FY 2013 ($000)FY 2012 ($000)
1.Revenue3,147
2.Gross Profit1,223
3.Loss Before Tax(14,700)(1,425)(155)
4.Income Tax Expense(85)
5.Loss for the Year(14,785)(1,425)(155)
6.(Loss)/Earnings Per Share (U.S. Cents)(3.58)(0.04)(0.01)
7.DPS
8.P/E ratio