Azgard 9, Feroze 1888 Mills release financial results

Azgard – 9 Ltd. announced financial results for the half year ending December 31st, 2017. The company reported Net Sales worth Rs. 7.450 billion during the half year against Rs. 5.940 billion same period last year; up 25.43% from last year.

Nimir Industries Ltd. reported bottom-line losses worth Rs. 1.517 billion with an EPS of 0.00/share.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Half Year Ended, December 31st 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR

Net Sales

7,450,821,654

5,940,360,739

25.43%

Gross Profit

1,137,877,825

779,320,671

46.01%

Profit/(Loss) before Taxation

69,619,391

(126,410,379)

 

Loss after Taxation

(1,517,628)

(185,181,524)

-99.18%

Loss per share – Basic and diluted

(0.00)

(0.41)

 

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


Feroze 1888 Mills Ltd. announces Financial Results for the half year ending 31st December, 2017

Feroze 1888 Mills Ltd. today announced financial results for the half year ending December 31st, 2017. The company reported Net Sales worth Rs. 9.970 billion during the half year against Rs. 8.974 billion same period last year; up 11.09% from last year.

The company reported bottom-line profits worth Rs. 932.053 million with an EPS of 2.47/share.

The Board at the Feroze 1888 Mills approved an interim cash dividend of Rupees 1.20 per share i.e. at 12 percent.

Company notice can be accessed here.

Posted on: 2018-02-26T15:49:00+05:00