Goldsands Development Company (GSDC)

[balamidas]

Mineros S.A GSDC partner is a solid Company >>


According to the Individual - Audited financial statement for the Year of 2011, total net operating revenues increased with 31.68%, from COP 273,690 millions to COP 360,392 millions. Operating result increased from COP 88,825 millions to COP 172,661 millions which means 94.38% change. The results of the period increased 26.05% reaching COP 115,802 millions at the end of the period against COP 91,870 millions last year. Return on equity (Net income/Total equity) went from 24.14% to 26.53%, the Return On Asset (Net income / Total Asset) went from 21.84% to 22.50% and the Net Profit Margin (Net Income/Net Sales) went from 33.57% to 32.13% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 17.88% compared to 10.52% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 3.11 to 2.85 when compared to the previous year.


http://www.securities.com/Public/company-profile/CO/Mineros_SA_en_2116240.html