Earnings Report: Haydari Construction Co. Ltd. (PSX: HADC) today reported Financial Results for the Twelve months ended June 30, 2017

Haydari Construction Co. Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Total Income for the period increased by 1062.65 percent in the outgoing year, whereas the company suffered huge losses in the reported period.

The board did not recommend a 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

Dividend Income

17,718

18,276

-3.05%

Scrap Sale

200,000

 

Admin: Expenses

249,512

276,739

-9.84%

Auditor's Remuneration

91,800

85,000

8.00%

Depreciation

149,548

172,203

-13.16%

Bank Charges

1,088

588

85.03%

Total Admin: & other Expenses

497,948

534,530

-6.84%

(Loss) before Taxation

(274,230)

(516,254)

-46.88%

Taxation

2,223

2,300

-3.35%

Net (Loss) after Tax for the Year

(276,453)

(518,554)

-46.69%

Other Compre: Income

 

 

 

(Loss)/Gain on re-measurements

(14,207)

36,286

-139.15%

Total Compre: (Loss) for the Year

(290,660)

(482,268)

-39.73%

(Loss) per share – Basic & Diluted

(0.0432)

(0.0810)

-46.67%

Company release on Earnings Report can be accessed here.

Posted on: 2017-09-21T11:06:00+05:00