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Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

CPPL announces Financial Results for the half year ending 31st December, 2017

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Cherat Packaging Ltd. announced financial results for the half year ending December 31st, 2017. The company reported Net Turnover worth Rs. 3.223 billion during the half year against Rs. 3.292 billion same period last year.

Cherat Packaging Ltd. reported a profit of Rs. 318.075 million with an EPS of 10.04/share.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Half Year Ended, December 31st 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Net Turnover

3,223,750

3,292,803

-2.10%

Gross Profit

458,569

646,532

-29.07%

Operating Profit

370,436

528,610

-29.92%

Profit for the period

318,075

379,812

-16.25%

EPS

10.04

12.34

-18.64%

The company release on the financial results can be accessed here.

Posted on: 2018-02-08T13:13:00+05:00