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Mettis Global News

MPS Preview: High for Longer

Al Shaheer Corporation announces Financial Results for the nine months

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Al Shaheer Corporation announced financial results for the nine months ending March 31, 2018. The company reported Turnover worth Rs. 3.951 billion during the nine months against Rs. 4.542 billion same period last year.

Al Shaheer Corporation reported bottom-line losses worth Rs. 35.325 million with an loss per share of 0.25/share.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Nine Months Ended, March 31, 2018

Key Financials

2018

2017

 

Amounts in PKR, 000

Turnover

3,951,655

4,542,868

Gross Profit

928,765

1,086,656

Loss/Profit before Taxation

(21,869)

(12,998)

Loss/Profit after Taxation

(35,325)

(28,474)

EPS – Basic

(0.25)

(0.20)

The company release on the financial results can be accessed here.

Posted on: 2018-04-24T12:13:00+05:00