Corporate Alert: Lucky Cement declares a DPS of 12/- per share, reports an EPS of 42.34 for the period ended June 30, 2017

Financial Results - For the Period

Key Financials

June, 30 2017

June 30, 2016

% Change

Gross Sales

61,601,934

55,923,115

10%

Less: Sales tax and federal excise duty

15,227,058

10,086,623

51%

Rebates and commission

687,833

701,455

-2%

Net Sales

45,687,043

45,135,037

1%

Cost of Sales

24,388,760

23,389,268

4%

Gross Profit

21,298,283

21,745,769

-2%

Distribution Cost

1,703,785

2,018,376

-16%

Administrative Expenses

1,021,694

1,107,527

-8%

Other Expenses

1,788,023

1,640,105

9%

Other Income

1,993,472

1,420,461

40%

Profit before Taxation

18,778,253

18,440,222

2%

Taxation - Total

5,086,004

5,456,037

-7%

Current

5,032,196

5,015,844

0%

Deferred

53,808

440,193

-88%

Profit after Taxation

13,692,249

12,944,185

6%

Other Comprehensive Income

Other Comprehensive Income which will not be reclassified to profit and loss account in subsequent periods

Gain on re-measurements of post retirement benefit obligation

9,488

40,508

-77%

Deferred tax thereon

2,354

10,250

-77%

Other Comprehensive Income/(loss) which may be reclassified to profit and loss account in subsequent periods

Unrealized loss on re-measurement of available for sale investment

(4,106)

-

Deferred tax thereon

616

-

Total comprehensive income of the year

13,695,893

12,974,443

6%

Earnings per share - basic and diluted

42.34

40

6%