Corporate Alert: Engro Powergen Qadirpur Limited declares a DPS of Rs. 1.75, reports an EPS of 4.77 for the period ended June 30, 2017

MG News | August 09, 2017 at 12:34 PM GMT+05:00

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Engro Powergen Qadirpur Limited announced Financial Results for the half year ended June 30, 2017.

The company’s Sales for the period increased by 30 percent in the outgoing year, whereas the Profit after Taxation for the Period increased 24 percent.

The board has recommended interim Cash Dividend for the half year ended June 30, 2017 @ Rs. 1.75 per share i.e. 17.5%, whereas it issued no bonus shares or right shares.

Comparison of Key Financials:

Financial Results - For the half Year Ended
Key Financials	June 30, 2017	June 30, 2016	% Change
Sales	6,151,505	4,714,618	30%
Cost of Sales	4,469,508	3,303,705	35%
Gross Profit	1,681,997	1,410,913	19%
Administrative Expenses	96,465	85,040	13%
Other Expenses	1,875	1,850	1%
Other Income	110,028	100,087	10%
Profit from Operations	1,693,685	1,424,110	19%
Finance Cost	147,471	178,782	-18%
Profit before taxation	1,546,214	1,245,328	24%
Taxation	276	351	-21%
Profit for the period	1,545,938	1,244,977	24%
Un-appropriated profit brought forward	4,979,272	4,001,084	24%
Final dividend for the year ended December 31, 2015 @RS. 1.00 per share	-	323,800	-100%
Final dividend for the year ended December 31, 2016 @RS. 1.50 per share	485,700	-
Profit available for appropriation	6,039,510	4,922,261	23%
EPS - basic and diluted	4.77	3.84	24%

The complete statements can be accessed here.

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