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

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By MG News | July 27, 2017 at 12:06 PM GMT+05:00

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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.

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