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

PSX Closing Bell: A Step in the Right Direction

Zarea Limited fully utilizes IPO proceeds

LSECL SPAC play enters market arena with PSX approval

Name	Price/Vol	%Chg/NChg
KSE100	170,048.88 332.31M	0.91% 1528.93
ALLSHR	101,445.00 741.39M	1.11% 1117.31
KSE30	51,519.20 154.07M	1.18% 600.83
KMI30	246,264.02 140.28M	1.07% 2616.51
KMIALLSHR	66,242.63 379.74M	1.05% 687.27
BKTi	46,699.45 44.47M	0.73% 337.91
OGTi	35,287.38 20.88M	2.65% 910.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	74,790.00	75,580.00 74,570.00	-385.00 -0.51%
BRENT CRUDE	96.26	96.85 94.43	1.33 1.40%
RICHARDS BAY COAL MONTHLY	103.25	0.00 0.00	0.15 0.15%
ROTTERDAM COAL MONTHLY	103.50	0.00 0.00	0.35 0.34%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	92.32	93.00 90.52	1.03 1.13%
SUGAR #11 WORLD	13.60	13.68 13.55	0.09 0.67%