Cherat Cement's periodic earnings, saved on account of tax credit

Mar-19

Mar-18

% Change

Turnover - net

                           11,161,275

                           11,147,937

0.12%

Cost of sales

                           (9,043,820)

                           (8,578,755)

5.42%

Gross profit

                             2,117,455

                             2,569,182

-17.58%

Distribution costs

                               (291,737)

                               (248,839)

17.24%

Administrative expenses

                               (219,715)

                               (181,152)

21.29%

Other expenses

                                 (64,331)

                               (106,643)

-39.68%

                               (575,783)

                               (536,634)

7.30%

Other income

                                 101,101

                                   55,442

82.35%

Operating profit

                             1,642,773

                             2,087,990

-21.32%

Finance costs

                               (596,257)

                               (266,682)

123.58%

Profit before taxation

                             1,046,516

                             1,821,308

-42.54%

Taxation

                             1,203,514

                                 (26,003)

Net profit for the year

                             2,250,030

                             1,795,305

25.33%

Earnings per share - basic and diluted (Rupees)

                                      12.74

                                      10.16

25.39%