Corporate Alert: Security Papers Limited announces Financial Results for the First Quarter ended June 30, 2017, announces A Cash Dividend of Rs. 8/- per share and reports an EPS of 14.61

MG News | July 28, 2017 at 04:02 PM GMT+05:00

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Security Papers Limited announced its Financial Results for the year Ended June 30, 2017.

The company's Sales increased by 10 percent in the outgoing year, whereas the Profit for the Period increased by 49 percent in comparison to same quarter previous year.

The Board of Directors in their meeting held on 28th July 2017 have declared Cash Dividend at the rate of Rs 8/- per share i.e. 80% for the year ended 30th June 2017.

	For the Year ended June 30, 2017
Key Financials	2017	2016	% Change
Sales - net	2,842,085	2,583,566	10%
Cost of Sales	1,753,679	1,706,946	3%
Gross Profit	1,088,406	876,620	24%
Administrative Expenses	197,459	180,286	10%
Other Income	520,700	300,600	73%
Other Charges	103,392	72,272	43%
Finance Costs	4,129	11,244	-63%
Profit Before Taxation	1,304,126	913,418	43%
Taxation - Net	366,473	282,547	30%
Profit after Taxation	937,473	630,871	49%
Earnings per Share (Basic & Diluted)	15.82	10.65	49%

Rupees in 000’

The complete statements can be accessed here.

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