Earnings Report: Al Shaheer Corp: (PSX: ASC) today reported Financial Results for the Twelve months ended June 30, 2017

MG News | September 26, 2017 at 11:43 AM GMT+05:00

0:00

Al Shaheer Corp: announced Financial Results for the period ended June 30, 2017.

The company reported a decrease of 7.24% in Turnover for the period ended June, 30 2017, whereas reported suffered losses during the period under review.

The company reported an Earnings per share of Rs. -0.15 in the reported period.

The board has not recommended a final Cash Dividend for the year. The board issued no bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account - For the Year Ended
Key Financials	2017	2016	% Change
	Amounts in PKR ‘000
Turnover	6,396,462	6,895,580	-7.24%
Cost of Sales	4,869,940	5,067,517	-3.90%
Gross Profit	1,526,702	1,828,063	-16.49%
Admin: & Dist: Costs	1,472,257	1,475,848	-0.24%
Other Expenses	-	26,047
Other Income	18,492	69,638	-73.45%
Operating Profit	72,937	395,806	-81.57%
Finance Costs	81,204	53,867	50.75%
(Loss)/Profit before Taxation	(8,267)	341,939
Taxation	12,535	22,638	-44.63%
Net (Loss)/Profit after Taxation	(20,802)	364,577
(Loss)/Earnings per share - Basic & diluted	(0.15)	2.57

Company release on Earnings Report can be accessed here.

Related News

ATRL schedules short maintenance shutdown

Shield Corporation moves to exit PSX

POL makes hydrocarbon discovery at Bilitang-1

Name	Price/Vol	%Chg/NChg
KSE100	179,034.93 513.44M	1.52% 2679.44
ALLSHR	107,392.74 1,107.91M	1.22% 1297.66
KSE30	55,017.41 279.74M	1.86% 1007.08
KMI30	254,699.07 209.00M	1.60% 4013.10
KMIALLSHR	69,477.96 622.48M	1.19% 818.48
BKTi	50,802.42 123.06M	2.40% 1189.90
OGTi	36,086.91 28.98M	2.36% 830.36

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,530.00	91,555.00 88,720.00	2645.00 3.01%
BRENT CRUDE	60.80	61.38 60.01	-0.05 -0.08%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	0.55 0.64%
ROTTERDAM COAL MONTHLY	98.15	98.15 97.40	1.25 1.29%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	57.33	57.93 56.60	-0.09 -0.16%
SUGAR #11 WORLD	14.60	15.05 14.57	-0.41 -2.73%