Corporate Alert: Al-Ghazi Tractors Ltd. declares a DPS of 25/- per share reports an EPS of 27.50 per share for the half year ended June 30, 2017

By MG News | August 11, 2017 at 10:18 AM GMT+05:00

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Al-Ghazi Tractors Ltd. announced Financial Results for the half year ended June 30, 2017.

The company’s Sales for the period increased by 50 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 62 percent.

The company issued an interim dividend for the half year ended June 30, 2017 @ Rs 25 per share i.e. 500%. This is in addition to interim dividend already paid for first quarter ended March 31, 2017.

Comparison of Key Financials:

Financial Results - For the half Year Ended
Key Financials	2017	2016	% Change
Sales	9,517,817	6,352,443	50%
CoGS	6,739,957	4,636,246	45%
Gross Profit	2,777,860	1,716,197	62%
Finance Cost	386	180	114%
Profit before Taxation	2,421,788	1,526,653	59%
Taxation	827,567	541,680	53%
Profit after Taxation	1,594,221	984,973	62%
EPS - basic and diluted	27.50	16.99	62%

The complete statements can be accessed here.

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