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

Hala Enterprises to increase weaving capacity by 75%

PSX Closing Bell: Flatlined but Holding On

PACRA maintains Nimir Chemicals' ratings

Name	Price/Vol	%Chg/NChg
KSE100	156,177.82 367.85M	-0.00% -3.12
ALLSHR	95,630.38 1,498.37M	-0.06% -60.44
KSE30	47,678.47 206.79M	-0.08% -35.92
KMI30	229,682.22 174.86M	-0.02% -39.87
KMIALLSHR	64,366.76 638.47M	-0.08% -53.31
BKTi	41,922.80 89.51M	-0.11% -46.72
OGTi	31,735.79 16.87M	-0.80% -255.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,965.00	118,295.00 116,115.00	2140.00 1.85%
BRENT CRUDE	67.84	68.01 67.50	-0.11 -0.16%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.50	93.50 93.50	0.15 0.16%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.58	63.82 63.24	-0.47 -0.73%
SUGAR #11 WORLD	16.23	16.59 16.23	-0.33 -1.99%