Earnings Report: Dawood Lawrencepur Ltd. (PSX: DLL) today reported Financial Results for the Three and Six months ended June 30, 2017

Unconsolidated Profit and Loss Account - For the Six Months Ended

Key Financials

Jan - June, 2017

Jan - Jun, 2016

% Change

Amounts in PKR ‘000

Continuing Operations

Net Revenue

51,287

144,268

-64.45%

Cost of Revenue

55,530

130,777

-57.54%

Gross Profit/(loss)

(4,243)

13,491

Dividend Income

312,628

507,457

-38.39%

Selling and Dist: Expenses

10,356

12,665

-18.23%

Admin: Expenses

33,853

42,188

-75.45%

Other Income

24,003

11,695

189.47%

Operating Profit/(loss)

288,179

477,790

Finance Costs

16,402

9,507

2931.23%

Profit before Taxation

271,777

468,283

-96.50%

Taxation

78,837

98,997

174.53%

Profit after Taxation

192,940

369,286

-78.65%

Loss from Discontinued Operations

Loss from Discontinued Operations

(11,855)

(19,096)

-37.92%

Profit for the period

181,085

350,190

-48.29%

EPS - basic and diluted (Discontinued Operation)

3.27

6.25

-47.68%

Loss Per share - basic and diluted (Discontinued Operation)

(0.20)

(0.32)

-37.50%