Corporate Alert: Archroma announces Financial Results for the Nine Months, reports an EPS of 37.17 for the 9 months period ended 30th June, 2017

Archroma announces Financial Results for the Nine Months ended 30th June2017

The company’s Net Sales increased 9percent in the outgoing year, whereas Profit after Taxation for the period increased 11percent in comparison to previous year.

The Company issued no cash dividend, bonus shares or right shares for the period.

Comparison of Key Financials

Nine months Period Ended

Key Financials

June 30, 2017

June 30, 2016

% Change

 Net Sales

                9,036,268

              8,287,085

9%

 Cost of Goods Sold

                6,158,217

              5,549,871

11%

 Gross Profit

                2,878,051

              2,737,214

5%

 Distribution and Marketing Expenses

                   630,360

                  584,911

8%

 Administrative Expenses

                   342,810

                  312,513

10%

 Other Expenses

                   146,042

                  134,527

9%

 Other Operation Income

                      14,607

                    41,708

-65%

 Operating Profit

                1,773,446

              1,746,971

2%

 Finance Cost

                      80,369

                  102,183

-21%

 Profit before Tax

                1,693,077

              1,644,788

3%

 Taxation – Net

                   424,832

                  498,628

-15%

 Profit after Taxation

                1,268,245

              1,146,160

11%

 Total Comprehensive Income

                1,268,245

              1,146,160

11%

 Earnings per share – basic and diluted

                        37.17

                      33.59

11%

Rupees in ‘000

The complete statements can be accessed here.

Posted on: 2017-07-27T12:06:00+05:00