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.