Corporate Alert: Rafhan Maize Products Co. Ltd. declares a dividend of Rs 75 & reports an EPS of 230.50 for the year ended June 30, 2017

News Image

MG News | August 15, 2017 at 12:29 PM GMT+05:00

0:00

Rafhan Maize Products Co. Ltd. announced Financial Results for the half year and quarter ended June 30, 2017.

The company’s Net Sales for the period increased by 2 percent in the outgoing year, whereas the Profit after Taxation for the Period increased 5 percent.

The board recommended an interim Cash Dividend for the half year and quarter ended June 30, 2017 at Rs. 75/- per share i.e.75%. This dividend is in addition to first interim dividend already paid @ Rs100/- per share i.e. 100%.

Comparison of Key Financials:

Financial Results - For the half Year Ended

Key Financials

June 30, 2017

June 30, 2016

% Change

Sales – Net

13,122,477

12,880,815

2%

Cost of Sales

9,524,729

9,484,373

0%

Gross Profit

3,597,748

3,396,442

6%

Operating Expenses

453,874

366,554

24%

Other Income

92,695

87,976

5%

Other Expenses

211,062

210,587

0%

Operating Profit

3,025,507

2,907,277

4%

Finance Cost

8,270

7,794

6%

Profit before Taxation

3,017,237

2,899,483

4%

Taxation

888,229

879,094

1%

Profit after Taxation

2,129,008

2,020,389

5%

EPS - Basic and diluted (Rs)

230.5

218.74

5%

 

Rupees in Thousands

The complete statements can be accessed here.

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,875.00 119,740.00
116,460.00
-420.00
-0.36%
BRENT CRUDE 73.52 73.63
71.75
1.01
1.39%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 70.36 70.51
68.45
1.15
1.66%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

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