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The directors of Stationary and Office Supplies (SOS) are reporting a 22 per cent decline in pre-tax profits to $175.8 million on revenues of $1.5 billion during the nine-month period which ended on September 30.
This compares with the $226.8 million recorded on revenues of $1.4 billion during the same period of 2024.
This was partly due to an 11 per cent spike in operating expenses to $651.5 million this year.
The company's unaudited report for the period indicated that its assets climbed by 6.5 per cent to $2.1 billion this year.
The value of its property and equipment also jumped to $986 million from $858 million last year.
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