Corporate Alert: Pak Elektron Ltd. declares a DPS of Rs. 1.50/- per share and reports an EPS of 2.00 for the period ended June 30, 2017

News Image

MG News | August 10, 2017 at 01:40 PM GMT+05:00

Pak Elektron Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Revenue for the period increased by 10 percent in the outgoing year, whereas the Profit after Taxation for the Period Increased by 1 percent.

The board has recommended an interim Cash Dividend for the quarter ended June 30, 2017 at the rate of 15% i.e. Rs 10/- per share of Rs.1.50/- each. The board issued no bonus or right shares.

Comparison of Key Financials:

Financial Results - For the Period Ended**

Key Financials

June 30, 2017

June 30, 2016

% Change

Revenue

14,736,351

13,449,584

10%

Sales tax and Discounts

2,359,290

2,064,377

14%

Revenue - Net

12,377,061

11,385,207

9%

Cost of Sales

10,155,378

9,023,915

13%

Gross Profit

2,221,683

2,361,292

-6%

Distribution Cost

287,148

286,907

0%

Administrative Expenses

289,623

262,999

10%

Other Operating Expenses

96,483

94,496

2%

Other Operating Income

14,852

20,493

-28%

Operating Profit

1,563,281

1,737,383

-10%

Finance Cost

436,953

500,949

-13%

Profit before Taxation

1,126,328

1,236,434

-9%

Provision for Taxation

110,719

231,867

-52%

Profit After Taxation

1,015,609

1,004,567

1%

Other Comprehensive Income

-

-

 

Total Comprehensive Income

1,015,609

1,004,567

1%

Earnings per share - basic and diluted

2.00

2.10

-5%

**Unconsolidated Financial Earnings

Amounts in PKR ‘000

The complete statements can be accessed here.

Related News

Name Price/Vol %Chg/NChg
KSE100 165,596.07
264.75M
-0.54%
-902.76
ALLSHR 100,017.71
623.24M
-0.46%
-463.69
KSE30 49,464.92
86.97M
-0.60%
-299.08
KMI30 238,952.40
97.00M
-0.58%
-1388.16
KMIALLSHR 65,314.16
323.73M
-0.44%
-285.47
BKTi 44,788.98
46.84M
-0.77%
-347.65
OGTi 35,107.09
7.04M
-0.41%
-145.22
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 79,165.00 0.00
0.00
-45.00
-0.06%
BRENT CRUDE 109.47 109.75
106.26
3.75
3.55%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-2.95
-2.61%
ROTTERDAM COAL MONTHLY 109.00 109.00
108.75
1.25
1.16%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 101.16 0.00
0.00
0.14
0.14%
SUGAR #11 WORLD 14.78 15.07
14.67
-0.21
-1.40%

Chart of the Day


Latest News
May 17, 2026 at 11:39 AM GMT+05:00

Jewelers back FIA against financial crimes


May 16, 2026 at 04:25 PM GMT+05:00

Jet Green Airlines eners operational readiness phase


May 16, 2026 at 03:02 PM GMT+05:00

Weekly Market Roundup


May 16, 2026 at 12:05 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


May 16, 2026 at 12:38 AM GMT+05:00

Petrol, Diesel prices slashed by Rs5



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg