Earnings Report: Attock Cement Pakistan Ltd. (PSX: ACPL) today reported Financial Results for the Twelve months ended June 30, 2017
MG News | September 11, 2017 at 03:57 PM GMT+05:00
Attock Cement Pakistan Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Net Sales for the period increased by 6 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 5 percent.
The board has recommended a Cash Dividend for the year ended June 30, 2017 at the rate of 135% i.e. Rs 13.50/- per share. This is in addition to the interim dividend already paid at Rs. /- per share i.e. %. 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 | |||
| Net Sales | 14,735,172 | 13,918,340 | 5.87% |
| Cost of Sales | 8,842,960 | 8,331,840 | 6.13% |
| Gross Profit | 5,892,212 | 5,586,500 | 5.47% |
| Dist: Costs | 903,531 | 954,746 | -5.36% |
| Admins: Costs | 419,378 | 401,792 | 4.38% |
| Other Expenses | 333,645 | 314,042 | 6.24% |
| Other Income | 236,632 | 341,095 | -30.63% |
| Profit from Operations | 4,472,290 | 4,257,015 | 5.06% |
| Finance Costs | 28,369 | 21,309 | 33.13% |
| Profit before Taxation | 4,443,921 | 4,235,706 | 4.92% |
| Taxation | 1,409,864 | 1,345,683 | 4.77% |
| Profit after Taxation | 3,034,057 | 2,890,023 | 4.98% |
| Total Comprehensive Income for the Year | 2,932,323 | 2,714,195 | 8.04% |
| EPS - Basic & Diluted | 26.49 | 25.24 | 4.95% |
Company release on Earnings Report can be accessed here.
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