AMG Packaging & Paper has reported a fall in its net profits to $16.1 million on revenues of $223.7 million during the three-month period which ended on November 30.
The company's total administrative expenses amounted to $59.2 million, resulting in operating profits of $18.9 million, while other income was $3.3 million.
Profits before taxation there amounted to $22.2 million and net profits after tax to $16.6 million.
The company recorded net profits of $95.3 million on revenues of $973.4 million during the 12-month period, which ended on December 31.
Total administrative expenses amounted to $44.8 million, leading to operating profits of $120.2 million, while income amounted to $13.4 million, resulting in profits before taxation to $133.6 million.
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