Corporate Alert: International Steels Ltd. declares a dividend of Rs. 1.00/- per share, reports an EPS of 7.00 for the year ended June 30, 2017
MG News | August 15, 2017 at 02:59 PM GMT+05:00
International Steels Ltd. announced Financial Results for the year ended June 30, 2017.
The company’s Net Sales for the period increased by 65% in the outgoing year, whereas the Profit after Taxation for the Period increased by 158% for the period.
The board has recommended the payment of a 10% final cash dividend i.e. Rs 1.0 per share in addition to the interim dividend of 25% already paid, making a total dividend of 35% i.e. Rs. 3.50 per share for the year ended June 30, 2017..
Comparison of Key Financials:
| Financial Results - For year Ended | |||
| Key Financials | June 30, 2017 | June 30, 2016 | % Change |
| Net Sales | 33,732,622 | 20,492,097 | 65% |
| Cost of Sales | 27,826,505 | 17,585,833 | 58% |
| Gross Profit | 5,906,117 | 2,906,264 | 103% |
| Admin Expenses | 214,876 | 161,479 | 33% |
| Selling & Distribution Expenses | 333,794 | 206,862 | 61% |
| Financial Charges | 455,500 | 731,525 | -38% |
| Other Operating Charges | 424,951 | 264,675 | 61% |
| Other Income | 131,778 | 112,773 | 17% |
| Profit before taxation for the year | 4,608,774 | 1,654,496 | 179% |
| Taxation - net | 1,564,752 | 475,532 | 229% |
| Profit after taxation for the year | 3,044,022 | 1,178,964 | 158% |
| EPS - basic and diluted | 7 | 2.71 | 158% |
Rupees in Thousands
The complete statements can be accessed here.
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 168,303.25 327.57M | 0.73% 1217.67 |
| ALLSHR | 101,798.94 780.04M | 0.57% 578.22 |
| KSE30 | 51,168.55 142.14M | 0.78% 396.53 |
| KMI30 | 242,124.59 148.11M | 0.92% 2201.24 |
| KMIALLSHR | 66,390.97 418.96M | 0.53% 348.17 |
| BKTi | 45,186.23 25.49M | 0.18% 79.85 |
| OGTi | 33,669.86 17.95M | 0.26% 86.81 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 92,335.00 | 92,620.00 89,800.00 | 2735.00 3.05% |
| BRENT CRUDE | 63.29 | 63.96 63.18 | -0.46 -0.72% |
| RICHARDS BAY COAL MONTHLY | 91.00 | 0.00 0.00 | 0.10 0.11% |
| ROTTERDAM COAL MONTHLY | 97.25 | 0.00 0.00 | 0.00 0.00% |
| USD RBD PALM OLEIN | 1,016.00 | 1,016.00 1,016.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 59.61 | 60.30 59.50 | -0.47 -0.78% |
| SUGAR #11 WORLD | 14.82 | 14.86 14.72 | 0.02 0.14% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|