BIFO announces Results for half year ending 31st Dec, 2017

MG News | February 09, 2018 at 12:43 PM GMT+05:00

0:00

Biafo Industries ltd. today announced financial results for the half year ending December 31^st, 2017. The company reported Net Sales worth Rs. 851.406 million during the half year against Rs. 514.101 million same period last year; up 65.61% from last year.

Century Paper & Board Mills Ltd. reported bottom-line profits worth Rs. 280.604 million with an EPS of 12.75/share.

Comparison of Key Financials
Unconsolidated Profit and Loss Account - For the Half Year Ended, December 31^st 2017
Key Financials	2017	2016	% Change
	Amounts in PKR ‘000
Sales - net	851,406,278	514,101,627	65.61%
Gross Profit	433,143,881	220,172,967	96.73%
Operating Profit	370,684,434	155,578,258	138.26%
Profit before Taxation	344,736,523	144,687,780	138.26%
Profit for the period	280,604,340	107,519,168	160.98%
EPS - Basic & Diluted	12.75	4.89	160.74%

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

Related News

OGDC collects Rs7.7bn in energy sector circular debt

Din Textile rents out unit-IV space

Raqami Digital Bank plans $100m investment

Name	Price/Vol	%Chg/NChg
KSE100	189,166.83 407.93M	0.79% 1478.66
ALLSHR	112,809.65 875.49M	0.16% 181.96
KSE30	58,207.71 147.51M	1.27% 729.47
KMI30	269,497.03 190.79M	1.15% 3053.85
KMIALLSHR	72,828.34 555.24M	0.32% 235.69
BKTi	53,520.37 33.89M	-0.06% -32.37
OGTi	38,886.75 10.61M	-1.00% -393.22

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,305.00	90,135.00 88,850.00	-140.00 -0.16%
BRENT CRUDE	65.17	65.30 64.29	1.11 1.73%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-3.10 -3.45%
ROTTERDAM COAL MONTHLY	98.50	0.00 0.00	-0.30 -0.30%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	60.41	60.54 59.52	1.05 1.77%
SUGAR #11 WORLD	14.79	14.98 14.75	-0.17 -1.14%