Earnings Report: Gul Ahmed Textile Mills (PSX: GATM) today reported Financial Results for year ended June 30, 2017

News Image

MG News | September 25, 2017 at 10:41 AM GMT+05:00

0:00

Gul Ahmed Textile Mills announced Financial Results for the period ended June 30, 2017.

The company’s for the period by percent in the outgoing year, whereas the Profit after Taxation for the Period by percent.

The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 10% i.e. Rs 1.00/- 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

39,904,322

32,274,556

23.64%

Cost of Sales

32,858,482

24,968,291

31.60%

Gross Profit

7,045,840

7,306,265

-3.56%

Dist: Cost

3,483,858

1,833,967

89.96%

Admin: Expenses

2,304,764

137,554

1575.53%

Other Operating  Expenses

58,377

137,554

-57.56%

Other Income

487,338

152,538

219.49%

Operating Profit

1,686,179

2,244,997

-24.89%

Finance Cost

877,417

910,488

-3.63%

Profit before Taxation

808,762

1,334,509

-39.40%

Taxation

9,660

193,079

-95.00%

PAT

818,422

1,141,430

-28.30%

EPS - Basic & Diluted

2.50

3.92

-36.22%

Company release on Earnings Report can be accessed here.

Related News

Name Price/Vol %Chg/NChg
KSE100 138,597.36
256.32M
-0.05%
-68.14
ALLSHR 85,286.16
608.38M
-0.48%
-413.35
KSE30 42,340.81
77.13M
-0.03%
-12.33
KMI30 193,554.51
76.19M
-0.83%
-1627.52
KMIALLSHR 55,946.05
305.11M
-0.79%
-443.10
BKTi 38,197.97
16.53M
-0.59%
-225.01
OGTi 27,457.35
6.73M
-0.94%
-260.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,670.00 121,165.00
117,035.00
-1620.00
-1.36%
BRENT CRUDE 69.23 70.77
69.14
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.03 67.54
65.93
-0.20
-0.30%
SUGAR #11 WORLD 16.79 17.02
16.71
0.05
0.30%

Chart of the Day


Latest News
July 18, 2025 at 07:21 PM GMT+05:00

Pakistan strengthens UK trade links


July 18, 2025 at 05:36 PM GMT+05:00

Pakistan, China set to advance agricultural innovation


July 18, 2025 at 05:10 PM GMT+05:00

PSX Closing Bell: Riding High, Ending Low



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg