Corporate Alert: Century Paper and Board Mills Ltd. reports an EPS of 3.66 for the year ended June 30, 2017
MG News | August 10, 2017 at 02:53 PM GMT+05:00
Century Paper and Board Mills Ltd. announced Financial Results for the year ended June 30, 2017.
The company’s Net Sales for the period increased by 15 percent in the outgoing year, whereas the Profit after Taxation for the Period increased 107 percent.
Comparison of Key Financials:
| Financial Results - For the Year Ended 30 June, 2017 | |||
| Key Financials | 2017 | 2016 | % Change |
| Sales - net | 15,401,157.00 | 13,389,130.00 | 15% |
| Cost of Sales | 13,609,628.00 | 12,121,851.00 | 12% |
| Gross Profit | 1,791,529.00 | 1,267,279.00 | 41% |
| General and administrative expenses | 375,135.00 | 379,336.00 | -1% |
| Selling and Distribution Expenses | 115,088.00 | 113,871.00 | 1% |
| Other Operating Charges | 104,427.00 | 46,081.00 | 127% |
| Other Income | 113,859.00 | 64,136.00 | 78% |
| Operating Profit | 1,310,738.00 | 792,127.00 | 65% |
| Finance Cost | 406,945.00 | 355,751.00 | 14% |
| Net Profit before Taxation | 903,793.00 | 436,376.00 | 107% |
| Taxation | 301,577.00 | 113,985.00 | 165% |
| Net Profit for the Year | 602,216.00 | 322,391.00 | 87% |
| Earnings per share - basic and diluted (Rs.) | 3.66 | 1.76 | 108% |
Amounts in PKR ‘000
The complete statements can be accessed here.
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