Surlux Mediquip

steel tubes and lighting divisions. The company achieved an increase of 41.3 per cent in turnover. There was all-round improvement in profits and profitability during the year under review. Gross profits spurted by 56.5 per cent over the previous year. Despite an increase of 47 per cent in depreciation charges, profits before tax recorded a rise of 62.2.per cent. Growth in profit after tax was 93.8 per cent and expenses-to-sales ratio stood reduced from