Vijayawada

APSWC earns Rs 31 crore net income in last fiscal year

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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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