Earnings Report: Hi-Tech Laboratories (PSX: HTL) today reported Financial Results for the Twelve months ended June 30, 2017
MG News | August 28, 2017 at 12:03 PM GMT+05:00
Hi-Tech Laboratories announced Financial Results for the period ended June 30, 2017.
The company’s Sales for the period decreased by 0.6 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 37 percent.
The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 17.5% i.e. Rs 1.75/- per share. This is in addition to the interim dividend already paid at Rs. 1.35/- per share i.e. 13.5%. The board issued no bonus or right shares.
Comparison of Key Financials
| Unconsolidated Profit and Loss Account - For the Twelve Months Ended | |||
| Key Financials | 2017 | 2016 | % Change |
| Amounts in PKR | |||
| Sales | 8,416,150,469 | 8,466,198,565 | -0.59% |
| Sales Tax | 927,268,447 | 1,450,896,485 | -36.09% |
| Net Sales | 7,488,882,022 | 7,015,302,080 | 6.75% |
| Cost of Sales | 6,716,645,139 | 4,696,648,662 | 43.01% |
| Gross Profit | 1,772,236,883 | 2,045,653,418 | -13.37% |
| Dist: Cost | 472,316,882 | 873,147,771 | -45.91% |
| Admin: Expenses | 296,834,248 | 280,097,565 | 5.98% |
| Other Expenses | 31,653,426 | 43,437,010 | -27.13% |
| Other Income | 95,756,939 | 46,313,011 | 106.76% |
| Operating Profit | 1,067,189,266 | 895,257,083 | 19.20% |
| Finance Cost | 35,837,835 | 16,239,596 | 120.68% |
| Profit Before Taxation | 1,031,351,431 | 879,017,487 | 17.33% |
| Taxation | 304,483,769 | 349,352,091 | -12.84% |
| PAT | 726,867,662 | 529,665,396 | 37.23% |
| EPS - Basic & diluted | 6.27 | 5.43 | 15.47% |
Company release on Earnings Report can be accessed here.
Related News
_20260529073616622_a5048c.jpeg?width=280&height=140&format=Webp)
.png?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 173,962.82 313.69M | 1.30% 2237.52 |
| ALLSHR | 104,178.62 550.40M | 0.93% 964.13 |
| KSE30 | 52,166.33 164.58M | 1.26% 649.19 |
| KMI30 | 250,496.48 141.11M | 1.59% 3930.77 |
| KMIALLSHR | 67,844.06 318.73M | 1.20% 801.29 |
| BKTi | 47,430.11 44.68M | 0.28% 130.40 |
| OGTi | 36,386.96 9.01M | 0.13% 45.59 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 74,150.00 | 74,165.00 73,715.00 | 435.00 0.59% |
| BRENT CRUDE | 91.89 | 92.95 89.93 | -0.81 -0.87% |
| RICHARDS BAY COAL MONTHLY | 117.00 | 0.00 0.00 | -0.75 -0.64% |
| ROTTERDAM COAL MONTHLY | 130.25 | 131.75 130.00 | -0.20 -0.15% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 87.76 | 89.02 86.35 | -1.14 -1.28% |
| SUGAR #11 WORLD | 14.07 | 14.35 13.90 | 0.14 1.01% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|