Corporate Alert: TPL Properties Ltd. reports an EPS of 1.68 for the year ended June 30, 2017

MG News | August 15, 2017 at 12:39 PM GMT+05:00

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TPL Properties Ltd. announced Financial Results for the year ended June 30, 2017.

The company’s Rental Income for the period declined by 0.35% percent in the outgoing year, whereas the Profit after Taxation for the Period increased 21 percent.

The board has recommended no cash dividend, bonus shares or right shares.

Comparison of Key Financials:

Financial Results - For the Year Ended
Key Financials	June 30, 2017	June 30, 2016	% Change
Rental Income	362,784,829	364,056,604	-0.35%
Direct Operating Costs	9,908,777	12,414,128	-20%
Gross Profit	352,876,052	351,642,476	0%
Admin and General Expenses	105,812,141	53,055,880	99%
Exchange Loss - net	-	57,400,000	-100%
Finance Costs	176,487,486	236,618,104	-25%
Other income	304,502,327	309,667,837	-2%
Profit before taxation	375,078,752	314,236,329	19%
Taxation	23,101,194	23,566,278	-2%
Profit for the year	351,977,558	290,670,051	21%
Other Compre: Income for the year	-	-
Total Compre: income for the year	351,977,558	290,670,051	21%
EPS - Basic and diluted	1.68	2.12	-21%

The complete statements can be accessed here.

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