Corporate Alert: Crescent Steel & Allied Ltd. declares a dividend of Rs 2.25/- & reports an EPS of 13.04 for the year ended June 30, 2017

08:03
August 15, 2017
MG

Crescent Steel & Allied Ltd. announced Financial Results for the year ended June 30, 2017.

The company’s Net Sales for the period declined by 38% percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 5 percent.

The board has recommended a final cash dividend of Rs. 2.25/- (i.e. @ 22.5%) per share for the year ended 30 June, 2017. This is in addition to first and second interim cash dividend of Rs. 1.5/- share each (i.e. 15% each); which makes a total distribution of Rs. 5.25 per share (i.e. 52.5%) for the year ended June 30, 2017. The board issued no bonus shares or right shares.

Comparison of Key Financials:

Financial Results – For Period Ended
Key Financials	June 30, 2017	June 30, 2016	% Change
Sales – net	10,208,644	7,412,035	38%
Cost of Sales	8,349,794	5,269,059	58%
Gross Profit	1,858,850	2,142,976	-13%
Income from Investments	246,889	42,555	480%
Dist: and Selling Expenses	31,024	15,497	100%
Administrative Expenses	286,750	283,103	1%
Other Operating Expenses	410,821	421,253	-2%
Other Income	201,832	93,675	115%
Operating profit before Finance Costs	1,578,976	1,559,353	1%
Finance Costs	187,273	243,780	-23%
Profit before Taxation	1,391,703	1,315,573	6%
Taxation	379,268	348,437	9%
Profit after Taxation	1,012,435	967,136	5%
Basic and diluted – EPS	13.04	12.97	1%

Rupees in Thousands

The complete statements can be accessed here.

Posted on: 2017-08-15T13:03:00+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.40000	278.50000	278.50000	278.40000	03:02 PM
2	EUR	1.06225	1.06238	1.06238	1.06225	11:07 PM
3	GBP	1.24009	1.24021	1.24021	1.24009	11:07 PM
4	CHF	0.90684	0.90700	0.90700	0.90684	11:07 PM
5	JPY	154.06000	154.09000	154.09000	154.06000	11:07 PM
6	CAD	1.37866	1.37897	1.37897	1.37866	11:07 PM
7	AUD	0.63795	0.63807	0.63807	0.63795	11:07 PM
8	INR	83.67410	83.67460	83.67460	83.67410	11:07 PM
9	SAR	3.75110	3.75130	3.75130	3.75110	08:07 AM
10	AED	3.67250	3.67280	3.67280	3.67250	08:07 AM
11	HKD	7.82960	7.82970	7.82970	7.82960	11:07 PM
12	CNH	7.25443	7.25512	7.25512	7.25443	11:07 PM
13	CNY	7.23820	7.23920	7.23920	7.23820	11:17 PM
14	THB	36.83400	36.87100	36.87100	36.83400	11:07 PM
15	MYR	4.78300	4.78800	4.78800	4.78300	11:06 PM
16	IDR	16,268.00000	16,282.00000	16,282.00000	16,268.00000	11:07 PM
17	SGD	1.36468	1.36500	1.36500	1.36468	11:07 PM
18	NZD	0.58652	0.58679	0.58679	0.58652	11:07 PM
19	MXN	17.44610	17.48370	17.48374	17.44607	11:07 PM
20	TRY	32.54480	32.83470	32.83468	32.54483	11:07 PM
21	SEK	11.01180	11.02080	11.02080	11.01180	11:07 PM
22	ZAR	19.18200	19.33780	19.33780	19.18200	11:07 PM
23	NOK	11.04820	11.07470	11.07471	11.04819	11:07 PM
24	DKK	7.02300	7.02400	7.02400	7.02300	11:07 PM
25	ARS	873.45200	873.60300	873.60255	873.45194	11:06 PM
26	BDT	108.44500	111.82900	111.82862	108.44472	09:00 PM
27	BHD	0.37697	0.37701	0.37701	0.37697	03:41 AM
28	BRL	5.24160	5.24460	5.24460	5.24160	11:03 PM
29	KRW	1,386.59000	1,386.89000	1,386.89000	1,386.59000	11:07 PM
30	KWD	0.30828	0.30838	0.30838	0.30828	08:07 AM
31	LKR	299.02400	305.60400	305.60412	299.02431	09:00 PM
32	OMR	0.38497	0.38500	0.38500	0.38497	03:41 AM
33	QAR	3.64550	3.64850	3.64850	3.64550	08:07 AM
34	RUB	93.70000	94.60000	94.60000	93.70000	08:00 PM
35	AFN	71.30700	73.18700	73.18701	71.30705	09:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:42 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,706.60000	12,772.40000	12,772.35727	12,706.55913	09:00 PM
40	PHP	57.54100	57.57600	57.57600	57.54100	11:07 PM
42	NGN	1,150.58000	1,151.58000	1,151.58000	1,150.58000	09:00 PM
43	KES	132.00000	134.00000	134.00000	132.00000	08:24 PM
44	AMD	368.65800	425.05600	425.05593	368.65753	09:00 PM
45	TWD	32.54000	32.57000	32.55200	32.54100	11:07 PM
46	XAU	2,398.84000	2,400.98000	2,400.98000	2,398.84000	11:07 PM
47	XAG	28.51220	28.52780	28.52780	28.51220	11:07 PM
48	XPT	946.95000	949.35000	949.35000	946.95000	08:07 AM
49	XPD	1,024.75000	1,032.75000	1,032.75000	1,024.75000	08:07 AM
2,120	VES	36.25120	36.34220	36.34216	36.25125	08:00 PM
2,212	UGX	3,780.61000	3,865.21000	3,865.20656	3,780.60817	09:00 PM
2,213	TZS	2,582.99000	2,583.01000	2,583.01500	2,582.98500	08:24 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	70,645.30	70,290.119	69,783.32	-43.199	-0.061	237,694,811.0	11,463,504,265.170	18/04/2024 04:13 PM
ALLSHR	46,417.10	46,207.855	45,927.10	-25.142	-0.054	440,121,509.0	24,355,862,169.420	18/04/2024 04:13 PM
KSE30	23,225.12	23,093.810	22,904.89	-26.776	-0.116	98,900,681.0	9,116,464,844.550	18/04/2024 04:13 PM
KMI30	118,354.77	117,354.600	116,464.95	-245.338	-0.209	149,225,217.0	8,668,512,964.260	18/04/2024 04:13 PM
KMIALLSHR	32,968.78	32,723.866	32,557.70	-28.234	-0.086	281,881,154.0	20,769,541,762.000	18/04/2024 04:13 PM
BKTi	17,793.43	17,582.049	17,476.13	-169.939	-0.957	18,567,387.0	2,410,715,151.990	18/04/2024 04:13 PM
OGTi	16,667.42	16,459.940	16,334.74	-2.499	-0.015	12,106,369.0	1,792,912,599.580	18/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	60,905.0	63,840.0	59,635.0	-2,755.00
BRENT CRUDE	EB	90.3	90.8	86.9	3.21
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-5.20
ROTTERDAM COAL MONTHLY	ET	120.0	120.0	119.1	-0.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	85.2	85.6	81.9	3.08
SUGAR #11 WORLD	SB	19.6	19.7	19.2	0.29

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Corporate Alert: Crescent Steel & Allied Ltd. declares a dividend of Rs 2.25/- & reports an EPS of 13.04 for the year ended June 30, 2017

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