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Earnings Report: Crescent Jute Products Ltd. (PSX: CJPL) today reported Financial Results for the Twelve months ended June 30, 2017

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Crescent Jute Products Ltd. announced Financial Results for the period ended June 30, 2017.

The company reported an increase of 148% in Income for the period ended June, 30 2017, whereas reported losses for the period under review.

The company reported a Loss per share of Rs. 2.68.

The board has not recommended any final Cash Dividend for the year ended June 30, 2017. 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

Income

4,473,498

1,803,450

148.05%

Admin: Expenses

28,408,785

26,665,969

6.54%

Other Expenses

22,207,388

2,386,439

830.57%

Finance Cost

17,603,801

19,618,922

-10.27%

Loss before Taxation

(63,746,476)

(46,867,880)

 

Taxation

2,702

3,743

-27.81%

Loss after Taxation

(63,749,178)

(46,871,623)

 

Loss per share – Basic & diluted

(2.68)

(1.97)

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-09-27T12:40:00+05:00