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69% reduction in HinoPak Motors profits during the first quarter ending on June 30th 2018 earnings report

07:23
July 30, 2018
MG

HinoPak Motors Limited (HINO) reported the summary of their Board of directors meeting, held on July 30^th 2018, in which they finalized the financial earnings for the Quarter ending on June 30^th 2018.

According to the report, Net sales increased by 8.4% while Gross profit dropped by 39.9%, as compared to the quarter ending on June 30th 2017

The company’s Other income increased by 67.9% but Other expenses reduced by 57.1%

There was an increase of 550% in Finance cost, thereby reducing the profit after taxation by 68.8%.

Profit and Loss for the Quarter Ended June 30,2018
	2018	2017	% Change
Sales-net	6,659,306	6,142,169	8.4%
Cost of Sales	(6,165,755)	(5,320,652)	15.9%
Gross Profit	493,551	821,517	-39.9%
Distribution cost	(98,461)	(90,629)	8.6%
Administrative expenses	(90,523)	(96,047)	-5.8%
Other income	73,084	43,530	67.9%
Other expenses	(19,514)	(45,515)	-57.1%
Profit from operations	358,137	632,856	-43.4%
Finance (cost)/income	(93,347)	(14,366)	549.8%
Profit befor taxation	264,790	618,490	-57.2%
Taxation	(145,621)	(236,618)	-38.5%
Profit after taxation	119,169	381,872	-68.8%
Other comprehensive income	–	–
Total comprehensive income	119,169	381,872	-68.8%
Earnings per share – basic and diluted (Rupees)	9.61	30.79	-68.8%

Posted on: 2018-07-30T12:23:00+05:00

22386

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.60000	278.80000	278.80000	278.60000	01:02 PM
2	EUR	1.06990	1.07020	1.07020	1.06990	07:33 PM
3	GBP	1.24870	1.24890	1.24890	1.24870	07:33 PM
4	CHF	0.91440	0.91500	0.91500	0.91440	07:33 PM
5	JPY	158.09000	158.10000	158.10000	158.09000	07:33 PM
6	CAD	1.36780	1.36830	1.36830	1.36780	07:33 PM
7	AUD	0.65320	0.65360	0.65360	0.65320	07:33 PM
8	INR	83.40270	83.40320	83.40320	83.40270	05:02 PM
9	SAR	3.75040	3.75090	3.75090	3.75040	02:00 AM
10	AED	3.67240	3.67340	3.67340	3.67240	01:59 AM
11	HKD	7.82830	7.82840	7.82840	7.82830	07:33 PM
12	CNH	7.26210	7.26410	7.26410	7.26210	06:36 PM
13	CNY	7.24640	7.24650	7.24650	7.24640	09:11 PM
14	THB	36.99000	37.04000	37.04000	36.99000	06:36 PM
15	MYR	4.76500	4.77000	4.77000	4.76500	04:58 AM
16	IDR	16,232.20000	16,250.40000	16,250.40000	16,232.20000	07:32 PM
17	SGD	1.36210	1.36310	1.36310	1.36210	07:33 PM
18	NZD	0.59360	0.59420	0.59420	0.59360	07:32 PM
19	MXN	17.14510	17.17510	17.17510	17.14510	07:33 PM
20	TRY	32.50600	32.51000	32.51000	32.50600	06:36 PM
21	SEK	10.76040	11.01820	11.01815	10.76041	07:33 PM
22	ZAR	18.55910	18.96020	18.96019	18.55911	07:33 PM
23	NOK	11.03580	11.04180	11.04180	11.03580	07:33 PM
24	DKK	6.97030	6.97130	6.97130	6.97030	07:32 PM
25	ARS	875.82900	875.97800	875.97823	875.82872	07:33 PM
26	BDT	108.34000	111.70400	111.70397	108.33995	06:36 PM
27	BHD	0.37698	0.37713	0.37713	0.37698	06:54 PM
28	BRL	5.11480	5.11780	5.11780	5.11480	07:32 PM
29	KRW	1,376.43000	1,379.75000	1,379.75000	1,376.43000	07:32 PM
30	KWD	0.30808	0.30818	0.30818	0.30808	01:03 AM
31	LKR	293.46400	300.00500	300.00467	293.46353	06:36 PM
32	OMR	0.38476	0.38526	0.38526	0.38476	01:58 AM
33	QAR	3.64600	3.64800	3.64800	3.64600	01:59 AM
34	RUB	92.27000	92.29000	92.29000	92.27000	08:00 PM
35	AFN	71.37320	73.24210	73.24207	71.37317	06:36 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:54 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,638.40000	12,703.80000	12,703.82657	12,638.41518	06:36 PM
40	PHP	57.51700	57.76000	57.76000	57.51700	05:00 PM
42	NGN	1,305.72000	1,306.72000	1,306.72000	1,305.72000	07:26 AM
43	KES	131.42100	134.22400	134.22417	131.42083	06:36 PM
44	AMD	388.08000	388.08000	388.08000	388.08000	08:16 AM
45	TWD	32.58800	32.61800	32.61800	32.58800	07:32 PM
46	XAU	2,337.48000	2,338.39000	2,338.39000	2,337.48000	07:32 PM
47	XAG	27.15820	27.20580	27.20580	27.15820	07:32 PM
48	XPT	915.55000	917.95000	917.95000	915.55000	01:59 AM
49	XPD	954.21200	962.02800	962.02800	954.21200	02:00 AM
2,120	VES	36.33200	36.42320	36.42315	36.33204	08:00 PM
2,212	UGX	3,781.71000	3,865.81000	3,865.81320	3,781.71284	06:36 PM
2,213	TZS	2,549.64000	2,643.09000	2,643.08742	2,549.64257	06:36 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,862.41	72,742.748	71,764.18	771.347	1.072	302,352,233.0	14,307,377,262.460	26/04/2024 05:12 PM
ALLSHR	47,721.89	47,489.465	47,040.09	314.510	0.667	540,778,150.0	22,562,380,076.020	26/04/2024 05:12 PM
KSE30	24,069.72	24,033.869	23,676.59	284.824	1.199	79,764,833.0	9,454,683,795.040	26/04/2024 05:12 PM
KMI30	122,624.63	122,414.850	120,539.93	1,511.894	1.251	130,473,781.0	8,715,975,575.960	26/04/2024 05:12 PM
KMIALLSHR	34,120.82	34,003.274	33,623.23	303.834	0.902	336,036,323.0	17,261,793,362.150	26/04/2024 05:12 PM
BKTi	18,098.00	18,061.700	17,783.46	189.341	1.059	12,829,416.0	1,502,941,695.300	26/04/2024 05:12 PM
OGTi	17,165.47	17,018.023	16,915.39	-13.038	-0.077	13,158,963.0	1,843,356,910.500	26/04/2024 05:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,530.0	65,395.0	63,775.0	-740.00
BRENT CRUDE	EB	89.3	89.8	88.8	0.32
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-1.25
ROTTERDAM COAL MONTHLY	ET	117.5	117.5	117.5	-1.05
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	83.7	84.5	83.4	0.09
SUGAR #11 WORLD	SB	19.1	19.6	19.0	-0.04

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