Corporate Alert: Pakgen Power Ltd. declares a dividend of Rs. 1.00/- per share, reports an EPS of 1.65 for the half year ended June 30, 2017

MG News | August 15, 2017 at 03:23 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

Pakgen Power Ltd. announced Financial Results for the half year ended June 30, 2017.

The company’s Revenue for the period increased by 43% in the outgoing year, whereas the Profit after Taxation for the Period increased by 554% for the period.

The board has recommended an interim cash dividend at 10% [i.e. Re. 1/- (Rupee One only)] per share for the first half year ended June 30, 2017. The board recommended no bonus shares, right shares.

Comparison of Key Financials:

Financial Results - For year Ended
Key Financials	June 30, 2017	June 30, 2016	% Change
Revenue	10,510,277	7,367,627	43%
Cost of Sales	9,433,761	6,874,634	37%
Gross Profit	1,076,516	492,993	118%
Admin Expenses	97,268	93,849	4%
Other Expenses	11,649	1,039	1021%
Other Income	5,255	1,306	302%
Profit from Operations	972,854	399,411	144%
Finance Cost	327,469	300,715	9%
Share of Loss from Associated Co.	-	(74)
Profit before Taxation	645,385	98,622	554%
Taxation	-	-
Profit after Taxation	645,385	98,622	554%
Other Compre: Income	-	-
Total Compre: Income for the period	645,385	98,622	554%
EPS - Basic and diluted	1.73	0.27	541%

Rupees in Thousands

The complete statements can be accessed here.

Related News

SPAC1 moves ahead with Ningbo Green Light merger

ITANZ wins $5m UAE digital transformation deal

MTL earnings forecasts raised up to 45% on strong margins

Name	Price/Vol	%Chg/NChg
KSE100	181,280.34 2.52M	0.43% 769.32
ALLSHR	108,967.39 6.15M	0.38% 411.52
KSE30	54,055.54 2.04M	0.40% 214.28
KMI30	258,464.74 2.01M	0.43% 1114.63
KMIALLSHR	70,705.60 4.22M	0.41% 291.43
BKTi	49,637.05 0.12M	0.36% 180.45
OGTi	37,088.36 0.31M	0.44% 161.78

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,935.00	66,160.00 64,825.00	-765.00 -1.16%
BRENT CRUDE	79.10	79.57 77.75	0.14 0.18%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	7.50 6.49%
ROTTERDAM COAL MONTHLY	125.50	0.00 0.00	-0.40 -0.32%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	75.37	76.06 74.09	0.10 0.13%
SUGAR #11 WORLD	14.24	14.33 14.22	-0.07 -0.49%