- Al Shaheer Corporation turnover for the period decreased by 1.15%, amounting to a total of 1.51 billion Rupees during the quarter ended September, 30th 2017
- Company’s Administrative and distribution expenses for the period increased by 15% to 369 million
- The company reported losses worth Rs. 17.6 million against last year quarterly losses of Rs. 39.35 million
- Al-Shaheer Corp’s Other income for the period increased by 500%
- The company’s earnings per share reached rupees -0.12 against -0.28 rupees in 2016
|
Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017 |
|||
|---|---|---|---|
|
Key Financials |
2017 |
2016 |
% Change |
|
Amounts in PKR ‘000 |
|||
|
Turnover – net |
1,518,356 |
1,536,062 |
-1.15% |
|
Cost of Sales |
1,147,194 |
1,227,455 |
-6.54% |
|
Gross Profit |
371,162 |
308,607 |
20.27% |
|
Administrative and general expenses |
369,059 |
321,044 |
14.96% |
|
Other operating expenses |
– |
1,739 |
-100.00% |
|
Operating profit/(loss) |
2,103 |
(14,176) |
|
|
Other income |
7,641 |
1,275 |
499.29% |
|
Finance costs |
14,547 |
17,628 |
-17.48% |
|
Loss before Taxation |
(4,803) |
(30,529) |
|
|
Taxation |
12,803 |
8,824 |
45.09% |
|
Loss for the period |
(17,606) |
(39,353) |
|
|
Loss per share – basic and diluted |
(0.12) |
(0.28) |
|
Company release on Earnings Report can be accessed here.
Posted on: 2017-10-27T12:31:00+05:00
