Corporate Results: Dynea, Rafhan Maize, Descon Engineering and Shabbir Tiles

Dynea Pakistan, Rafhan Maize Products, Descon Engineering and Shabbir Tiles today announced financial results on KSE 100 index.

Dynea Pakistan

Dynea Pakistan today released financial results for the period ending December 31^st, 2017. The company reporting Net Turnover of Rs. 1.671 billion with profit after taxation of 194 million.

The company’s gross margin reached 353 million, with earnings per share of Rs. 353.280 million.

Dynea Pakistan results notice.

Rafhan-Maize Products Ltd.

In the company meeting held on Wednesday, 14^th February RMPL approved a cash dividend of Rs. 125 per share at 1250%. Net Sales for the food company grew by more than 2.811% to clock in at Rs. 25.765 billion, with a gross profit of Rs. 7.172 billion during the period.

Bottom-line profits for RMPL grew by more than 12.319 percent to clock in at Rs. 4.392 billion with a earnings of 475.54 per share.

Rafhan – Maize Products results notice.

Descon Oxychem Ltd.

Descon Oxychem sales for the half year ending December, 2017 took a dip downwards as it reached Rs. 953.082 million against Rs. 995 million last year. The company’s profit for the period Rs. 104.572 million falling by more than 17% during the half year.

Earnings per share for the company reached Rs. 1.03.

Descon Engineering results notice.

Shabbir Tiles & Ceramics Ltd.

Shabbir Tiles & Ceramics Company, the local ceramics and other porcelain manufacturers reported sales worth Rs. 2.532 billion with Gross Margins worth Rs. 441.425 million after it announced half year and quarterly results today.

Company’s earnings per share recovered from Rs. -0.44 during the last year to Rs. 0.05 per share.

Shabbir Tiles & Ceramics results notice.