Corporate Alert: HUBCO declares a Dividend of Rs. 2.50/- per share and reports an EPS of 8.29/- for the period ended June 30, 2017

Unconsolidated Profit and Loss Account - For the Six Months Ended

Key Financials

Jan - June, 2017

Jan - Jun, 2016

% Change

Turnover

78,589,767

71,925,328

9%

Operating Costs

69,272,692

61,489,986

13%

Gross Profit

9,317,075

10,435,342

-11%

General and Admin: Expenses

615,204

759,628

-19%

Other Income

1,557,042

1,439,122

8%

Other operating expenses

76,754

425,284

-82%

Profit for Operations

10,182,159

10,689,552

-5%

Finance Costs

1,783,632

1,415,794

26%

Profit before Taxation

8,398,527

9,273,758

-9%

Taxation

142,434

147,494

-3%

PAT

8,256,093

9,126,264

-10%

Discontinued Operations

PAT from Discontinued Operations

1,343,980

2,449,541

-45%

Profit for the year - continued and discontinued

9,600,073

11,575,805

-17%

EPS

8.29

10.00

-17%

Continuing Operations

7.13

7.89

-10%

Discontinued Operations

1.16

2.11

-45%