Corporate Alert: Siemens Pakistan reports an EPS of 42.69 for the Nine Month period Ended June 30, 2017

Siemens Pakistan announced its financial results for the nine months period ended June 30, 2017.

The company’s Net Sales and Services increased by 39 percent in the outgoing year, whereas Net Profit after Taxation for the period declined 74 percent in comparison to previous year.

The Company issued no Cash Dividend, Bonus Shares or Right Shares for the period.

Comparison of Key Financials:

 

For the Nine Month

Key Financials

June30, 2017

June30, 2016

% Change

Net Sales and Services

9,557,561

6,873,397

39%

Cost of Sales and Services

8,190,356

6,482,222

26%

Gross Profit

1,367,205

391,175

250%

Marketing and Selling Expenses

626,405

553,690

13%

General Administrative Expenses

98,416

138,233

-29%

Other Income

6,397

21,072

-70%

Other Operating Expenses

53,427

 

Net other operating (Expense)/Income

47,030

21,072

123%

Operating Profit/(loss)

595,353

279,676

113%

Financial Income

124,656

64,986

92%

Financial Expenses

12,305

22,528

-45%

Net Finance Income

112,351

42,458

165%

Profit/(loss) before Income Tax Expense and gain on Sale of Assets classified as held for Sale

707,704

237,218

198%

Income tax

355,609

289,928

23%

Net Profit/(loss) before gain on Sale of Assets classified as held for Sale

352,095

527,146

-33%

Gain on Sale of Assets classified as held of sale – Net of Income Tax

1,861,551

 

Net Profit/(loss) for the Period

352,095

1,334,405

-74%

Basic and Diluted Earnings/(loss) per share (Rs)

42.69

162

-74%

Rupees in ‘000

The complete statements can be accessed here.

Posted on: 2017-07-28T10:53:00+05:00