Ghandhara Industries Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Sales for the period increased by 84.37 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 6.72 percent.
The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 150% i.e. Rs. 15/- per share. 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
Sales
10,740,631
5,825,579
84.37%
Cost of Sales
8,537,668
4,278,941
99.53%
Gross Profit
2,202,963
1,546,638
42.44%
Dist: Cost
359,159
220,946
62.56%
Admin: Expenses
150,595
110,568
36.20%
Other Expenses
244,074
34,598
605.46%
Other Income
22,127
30,652
-27.81%
Profit from Operations
1,471,262
1,211,178
21.47%
Finance Cost
224,637
113,073
98.67%
Profit before Taxation
1,246,625
1,098,105
13.53%
Taxation
450,612
352,244
27.93%
PAT
796,013
745,861
6.72%
Total Compre: Income
794,659
745,507
6.59%
EPS – Basic & Diluted
37.36
35.01
6.71%
Company release on Earnings Report can be accessed here.
