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.
