Azgard 9 Ltd. sales for 1Q’ 18 rise 29.08% to Rs. 3.57 billion

06:54
November 28, 2017
MG

Azgard Nine today released their earnings for the 1Q 2017,

Company’s Gross Profit for the period increased by 73.23% reaching 584.98 million against 337 million same quarter last year
On the flip side, company’s Selling & Distribution expenses increased by 44% with an 81% decline in Other Income
Company’s Operating Profit due to a retarded growth in Cost of Sales against the Sales increase went up by 169%
The Bottom line profits clicked in at 15 million after erasing previous year’s losses of 167 million
In sync with the earnings company’s earnings per share reached to 0.03 Rupees per Share vs. -0.37 in 1Q 16

Comparison of Key Financials

Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30^th 2017
Key Financials	2017	2016	% Change
	Amounts in PKR
Sales – net	3,573,918,467	2,768,847,426	29.08%
Cost of Sales	2,988,932,498	2,431,163,259	22.94%
Gross Profit	584,985,969	337,684,167	73.23%
Selling & Distribution Expenses	157,592,261	109,026,276	44.55%
Administrative Expenses	118,355,396	113,806,712	4.00%
Profit from Operations	309,038,312	114,851,176	169.08%
Other income	4,611,442	24,277,086	-81.00%
Other expenses	745,846	–
Finance cost	263,667,545	278,633,200	-5.37%
Profit/(Loss) before Taxation	49,236,363	(139,504,938)
Taxation	34,206,916	27,515,144	24.32%
Profit/(Loss) after Taxation	15,029,447	(167,020,082)
Earnings/(Loss) per share – Basic and Diluted	0.03	(0.37)

Company release on Earnings Report can be accessed here.

Posted on: 2017-11-28T11:54:00+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.50000	278.70000	278.70000	278.50000	03:08 PM
2	EUR	1.07201	1.07203	1.07203	1.07201	08:07 AM
3	GBP	1.25131	1.25140	1.25140	1.25131	08:07 AM
4	CHF	0.91330	0.91370	0.91370	0.91330	08:07 AM
5	JPY	155.54300	155.54800	155.54800	155.54300	08:07 AM
6	CAD	1.36746	1.36759	1.36759	1.36746	08:07 AM
7	AUD	0.65305	0.65307	0.65307	0.65305	08:07 AM
8	INR	83.31840	83.31890	83.31890	83.31840	08:07 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	05:07 PM
10	AED	3.67270	3.67300	3.67300	3.67270	05:07 PM
11	HKD	7.82824	7.82858	7.82858	7.82824	08:07 AM
12	CNH	7.26529	7.26589	7.26589	7.26529	08:07 AM
13	CNY	7.24640	7.24660	7.24660	7.24640	05:02 PM
14	THB	37.01000	37.03000	37.03000	37.01000	08:07 AM
15	MYR	4.77500	4.78000	4.78000	4.77500	05:19 AM
16	IDR	16,186.10000	16,194.40000	16,194.40000	16,186.10000	08:07 AM
17	SGD	1.35993	1.36008	1.36008	1.35993	08:07 AM
18	NZD	0.59591	0.59596	0.59596	0.59592	08:07 AM
19	MXN	17.03760	17.04260	17.04265	17.03765	08:07 AM
20	TRY	32.50680	32.51680	32.51680	32.50680	08:07 AM
21	SEK	10.86000	10.86230	10.86230	10.85998	08:07 AM
22	ZAR	18.96930	18.97310	18.97313	18.96929	08:07 AM
23	NOK	10.93550	10.93760	10.93755	10.93549	08:07 AM
24	DKK	6.95740	6.95794	6.95794	6.95740	08:07 AM
25	ARS	873.25300	873.26300	873.26320	873.25320	08:07 AM
26	BDT	108.07500	111.43200	111.43230	108.07535	07:19 AM
27	BHD	0.37700	0.37705	0.37705	0.37700	05:07 PM
28	BRL	5.13820	5.14120	5.14120	5.13820	08:07 AM
29	KRW	1,374.02000	1,374.46000	1,374.46000	1,374.02000	08:07 AM
30	KWD	0.30774	0.30784	0.30784	0.30774	05:07 PM
31	LKR	293.76400	300.29200	300.29187	293.76440	07:19 AM
32	OMR	0.38498	0.38503	0.38503	0.38498	05:07 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	09:31 PM
34	RUB	92.27000	94.07000	94.07000	92.27000	08:00 PM
35	AFN	71.20540	73.07040	73.07043	71.20544	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:20 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	08:00 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	08:00 PM
39	UZS	12,658.50000	12,723.80000	12,723.79709	12,658.52294	07:19 AM
40	PHP	57.78700	57.83500	57.83500	57.78700	08:07 AM
42	NGN	1,266.52000	1,267.52000	1,267.52000	1,266.52000	06:48 AM
43	KES	133.50000	135.50000	135.50000	133.50000	06:48 AM
44	AMD	362.08500	418.03400	418.03432	362.08504	07:19 AM
45	TWD	32.56420	32.59420	32.59420	32.56420	08:07 AM
46	XAU	2,329.21000	2,329.52000	2,329.52000	2,329.21000	08:06 AM
47	XAG	27.41520	27.42080	27.42080	27.41520	08:06 AM
48	XPT	903.88600	910.60000	910.60000	903.88600	05:07 PM
49	XPD	1,002.27000	1,012.27000	1,012.27000	1,002.27000	05:07 PM
2,120	VES	36.29670	36.38780	36.38776	36.29673	08:00 PM
2,212	UGX	3,768.22000	3,852.14000	3,852.14334	3,768.21865	07:19 AM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	06:48 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,593.25	71,971.401	71,700.54	-80.491	-0.112	424,080,014.0	16,729,754,250.360	25/04/2024 04:13 PM
ALLSHR	47,464.49	47,174.954	47,022.84	2.137	0.005	798,226,277.0	27,520,277,864.490	25/04/2024 04:13 PM
KSE30	23,911.80	23,749.046	23,630.38	-58.772	-0.247	100,632,233.0	10,911,348,299.790	25/04/2024 04:13 PM
KMI30	122,036.66	120,902.956	120,348.15	-259.501	-0.214	165,495,684.0	10,488,159,680.390	25/04/2024 04:13 PM
KMIALLSHR	33,911.61	33,699.441	33,542.23	42.921	0.128	560,837,784.0	22,833,398,111.890	25/04/2024 04:13 PM
BKTi	17,958.27	17,872.359	17,710.29	-16.250	-0.091	19,765,810.0	2,463,980,003.790	25/04/2024 04:13 PM
OGTi	17,084.78	17,031.061	16,828.32	74.488	0.439	14,111,722.0	2,057,880,884.130	25/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	63,810.0	64,650.0	63,285.0	-70.00
BRENT CRUDE	EB	88.2	88.5	87.8	0.19
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-2.40
ROTTERDAM COAL MONTHLY	ET	118.3	118.3	118.3	0.05
USD RBD PALM OLEIN	POL	860.0	860.0	860.0	0.00
CRUDE OIL – WTI	QCL	83.0	83.3	82.6	0.18
SUGAR #11 WORLD	SB	19.4	19.7	19.3	-0.37

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