APSWC earns Rs 31 crore net income in last fiscal year

The Andhra Pradesh State Warehousing Corporation (APSWC) held its 195th Board of Directors meeting on Friday.
APSWC earns Rs 31 crore net income in last fiscal year

VIJAYAWADA: The Andhra Pradesh State Warehousing Corporation (APSWC) held its 195th Board of Directors meeting on Friday. During the meeting, the Board decided to give Interim Dividend of Rs 6 crore for the financial year 2017-18. For the fiscal year, the APSWC netted a gross income of Rs 111.49 crore, while its net income was Rs 31.14 crore. In the coming six months, new warehouses with a capacity of 5.15 lakh MT will be built.

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