Attock Refinery Ltd. Net Sales for the period increased by 42%, amounting to a total of 39.59 billion Rupees during the Quarter ended September, 30th 2017
Company’s Gross Profit for the period increased by 727% to 1.28 billion Rupees
The Profit after tax from Refinery Operations for the period increased 2638% reaching 758 million compared to same year last year’s profit of 27 million Rupees.
The company’s earnings per share (Refinery Operations) reached 8.89 Rupees/Share
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
Gross Sales
39,598,519
27,870,398
42.08%
Net Sales
27,400,173
20,845,651
31.44%
Cost of Sales
26,118,164
20,690,659
26.23%
Gross Profit
1,282,009
154,992
727.15%
Administrative Expenses
152,650
144,508
5.63%
Distribution Costs
11,692
11,618
0.64%
Other Charges
79,331
8,138
874.82%
Operating Profit
1,521,951
236,442
543.69%
Finance Cost
445,442
126,643
251.73%
Profit before Tax: Refinery Operations
1,076,509
109,799
880.44%
Taxation
318,463
82,115
287.83%
Profit after Tax: Refinery Operations
758,046
27,684
2638.21%
PAT
758,046
1,227,987
-38.27%
EPS – Basic & diluted – Refinery Ops
8.89
0.32
2678.13%
EPS – Basic & diluted – Non Refinery Ops
–
14.07
-100.00%
Company release on Earnings Report can be accessed here.
