Corporate Alert: Synthetic Products Ltd. declares a DPS of 1/- per share, reports an EPS of 4.90 for the period ended June 30, 2017

Financial Results - For the year ended 30 June, 2017

Key Financials

2017

2016

% Change

Sales - net

2,699,673,129

2,321,850,602

16%

Cost of Sales

1,984,802,802

1,739,357,228

14%

Gross Profit

714,870,327

582,493,374

23%

Administrative Expenses

136,332,599

116,723,787

17%

Selling and distribution Expenses

53,524,953

47,444,993

13%

Operating Profit

525,012,775

418,324,594

26%

Other Income

14,523,521

43,549,944

-67%

Other Charges

42,829,916

29,892,484

43%

Finance Cost

32,744,392

38,439,289

-15%

Profit before Taxation

463,961,988

393,542,765

18%

Taxation

46,801,021

37,752,084

24%

Profit after Taxation

417,160,967

355,790,681

17%

Earnings per share - basic and diluted

4.90

4.18

17%