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
Comparison of Key Financials
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.
