Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

Corporate Alert: Pakistan Tobacco announces result for Half Year ended June 30, 2017, reports an EPS of 11.65 for the period

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Pakistan Tobacco announced it’s Financial Results for the half year ended June 30, 2017.

The company’s Gross Turnover decreased by 38.60 percent in the outgoing year, whereas Profit after Taxation for the Period decreased 57 .91 percent in comparison to previous year.

The company issued no Cash Dividend, Right Shares or any Bonus Shares.

Comparison of Key Financials:

 

Half Year Ended

 

Key Financials

June 30, 2017

June 30, 2016

% Change

Gross Turnover

50,474,559

82,208,521

-38.60%

Excise Duties

24,708,672

40,994,496

-39.73%

Sales Tax

7,551,721

12,366,193

-38.93%

Net Turnover

18,214,166

28,847,832

-36.86%

       

Cost of Sales

9,881,634

14,150,118

-30.17%

Gross Profit

8,332,532

14,697,714

-43.31%

       

Selling and Distribution Expenses

2,027,641

2,386,918

-15.05%

Administrative Expenses

1,111,488

1,115,334

-0.34%

Other operating Expenses

444,108

830,562

-46.53%

Other operating Income

24,263

38,133

-36.37%

       

Operating Profit

4,773,558

10,403,033

-54.11%

Finance Income

62,011

276,801

-77.60%

Finance Cost

26,894

26,655

0.90%

Net Finance Income

35,117

250,146

-85.96%

       

Profit before Income Tax

4,808,675

10,653,179

-54.86%

Income tax Expense

1,832,196

3,581,879

-48.85%

       

Profit for the Period

2,976,479

7,071,300

-57.91%

Earnings per share (Rupees)

11.65

27.68

-57.91%

Rupees in ‘000

The complete statements can be accessed here.

Posted on: 2017-07-27T15:23:00+05:00