Amreli Steels Ltd. profit for Q1FY18 falls by 13.24% to Rs. 195.77 million

08:37
October 26, 2017
MG

Amreli Steels Ltd. sales for the period decreased by 15.91%, amounting to a total of 2.7 billion Rupees during the quarter ended September, 30^th 2017
Company’s Gross Profit increased by 9.73% owing to a decline of 20% in cost of sales
The company reported a profit of 195 million, a decrease of 13.24% from last year’s profit of 225 million
The company’s earnings per share reached 0.66 rupees in the last three months vs 0.76 in same quarter during 2016

Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Three Months Ended, September 30^th 2017
Key Financials	2017	2016	% Change
	Amounts in PKR
Sales – net	2,706,286,342	3,218,486,105	-15.91%
Cost of Sales	2,196,312,150	2,753,753,430	-20.24%
Gross Profit	509,974,192	464,732,675	9.73%
Distribution Costs	55,492,434	81,918,390	-32.26%
Administrative expenses	101,056,802	69,955,973	44.46%
Other expenses	18,828,781	18,474,570	1.92%
Other income	322,557	5,007,655	-93.56%
Operating Profit	334,918,732	299,391,397	11.87%
Finance Costs	97,059,215	74,007,654	31.15%
Profit before taxation	237,859,517	225,383,743	5.54%
Taxation	42,086,798	257,943	16216.32%
Net profit for the quarter	195,772,719	225,641,686	-13.24%
EPS – Basic and diluted	0.66	0.76	-13.16%

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-26T13:37:00+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.31000	278.56000	278.56000	278.31000	12:17 PM
2	EUR	1.07293	1.07295	1.07295	1.07293	03:19 AM
3	GBP	1.25021	1.25030	1.25030	1.25021	03:19 AM
4	CHF	0.91278	0.91284	0.91284	0.91278	03:19 AM
5	JPY	156.62900	156.63900	156.63900	156.62900	03:19 AM
6	CAD	1.36466	1.36472	1.36472	1.36466	03:19 AM
7	AUD	0.65439	0.65441	0.65441	0.65439	03:19 AM
8	INR	83.33690	83.33990	83.33990	83.33690	03:19 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	12:19 PM
10	AED	3.67280	3.67310	3.67310	3.67280	12:18 PM
11	HKD	7.82913	7.82940	7.82940	7.82913	03:19 AM
12	CNH	7.25788	7.25802	7.25802	7.25788	03:19 AM
13	CNY	7.23930	7.24050	7.24050	7.23930	11:15 PM
14	THB	36.98000	37.00000	37.00000	36.98000	03:19 AM
15	MYR	4.77250	4.77750	4.77750	4.77250	02:53 AM
16	IDR	16,211.80000	16,222.80000	16,222.80000	16,211.80000	03:19 AM
17	SGD	1.36053	1.36061	1.36061	1.36053	03:19 AM
18	NZD	0.59605	0.59609	0.59609	0.59605	03:19 AM
19	MXN	17.21030	17.21530	17.21531	17.21031	03:19 AM
20	TRY	32.59620	32.60070	32.60066	32.59620	03:19 AM
21	SEK	10.87650	10.87810	10.87808	10.87651	03:19 AM
22	ZAR	19.06900	19.09900	19.09900	19.06900	03:19 AM
23	NOK	10.96490	10.96710	10.96708	10.96491	03:19 AM
24	DKK	6.95062	6.95112	6.95112	6.95062	03:19 AM
25	ARS	873.74500	873.75500	873.75500	873.74500	03:18 AM
26	BDT	108.04100	111.39600	111.39646	108.04059	09:00 PM
27	BHD	0.37700	0.37705	0.37705	0.37700	12:19 PM
28	BRL	5.15790	5.16090	5.16090	5.15790	03:16 AM
29	KRW	1,376.22000	1,376.69000	1,376.69000	1,376.22000	03:19 AM
30	KWD	0.30757	0.30817	0.30817	0.30757	12:19 PM
31	LKR	293.66700	300.19200	300.19250	293.66718	09:00 PM
32	OMR	0.38498	0.38504	0.38504	0.38498	12:18 PM
33	QAR	3.64600	3.64800	3.64800	3.64600	12:19 PM
34	RUB	92.27000	92.29000	92.29000	92.27000	08:00 PM
35	AFN	71.18150	73.04590	73.04591	71.18154	09:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:20 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	12,654.50000	12,719.70000	12,719.70506	12,654.45190	09:00 PM
40	PHP	57.69700	57.71600	57.71600	57.69700	03:19 AM
42	NGN	1,279.52000	1,280.52000	1,280.52000	1,279.52000	08:24 PM
43	KES	134.00000	136.00000	136.00000	134.00000	02:16 AM
44	AMD	361.96900	417.90000	417.89987	361.96859	09:00 PM
45	TWD	32.57050	32.60050	32.60050	32.57050	03:19 AM
46	XAU	2,339.35000	2,339.66000	2,339.66000	2,339.35000	03:18 AM
47	XAG	27.63870	27.64580	27.64580	27.63870	03:18 AM
48	XPT	920.14700	927.29000	923.95000	922.95000	12:18 PM
49	XPD	984.20400	991.08600	990.00000	985.00000	12:18 PM
2,120	VES	36.33200	36.42320	36.42315	36.33204	08:00 PM
2,212	UGX	3,766.97000	3,850.87000	3,850.86857	3,766.97165	09:00 PM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	08:24 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	Direction	DateTime
KSE100	72,446.86	72,445.826	71,764.18	474.425	0.659	157,380,958.0	6,058,159,851.620	-1	26/04/2024 11:58 AM
ALLSHR	47,433.25	47,430.418	47,040.09	255.463	0.542	266,928,170.0	10,130,758,001.820	-1	26/04/2024 11:58 AM
KSE30	23,926.49	23,924.989	23,676.59	175.943	0.741	28,126,850.0	3,243,775,156.520	-1	26/04/2024 11:58 AM
KMI30	121,843.52	121,838.664	120,539.93	935.708	0.774	53,974,168.0	3,300,844,053.080	-1	26/04/2024 11:58 AM
KMIALLSHR	33,951.21	33,949.813	33,623.23	250.373	0.743	159,498,783.0	7,341,720,537.160	-1	26/04/2024 11:58 AM
BKTi	18,029.26	18,029.258	17,783.46	156.899	0.878	4,571,446.0	612,979,702.790	0	26/04/2024 11:58 AM
OGTi	17,066.80	17,023.740	16,915.39	-7.321	-0.043	3,539,704.0	487,122,839.210	-1	26/04/2024 11:58 AM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,920.0	65,390.0	64,510.0	220.00
BRENT CRUDE	EB	89.6	89.6	89.2	0.60
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-0.70
ROTTERDAM COAL MONTHLY	ET	118.5	0.0	0.0	-0.05
USD RBD PALM OLEIN	POL	860.0	860.0	860.0	0.00
CRUDE OIL – WTI	QCL	84.1	84.1	83.7	0.56
SUGAR #11 WORLD	SB	19.1	19.7	19.0	-0.65

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Amreli Steels Ltd. profit for Q1FY18 falls by 13.24% to Rs. 195.77 million

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