Earnings Report: IBL Healthcare Ltd. (PSX: IBLHL) today reported Financial Results for the Twelve months ended June 30, 2017

MG News | September 22, 2017 at 10:15 AM GMT+05:00

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IBL Healthcare Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Revenue for the period increased by 3 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 11 percent.

The board has not recommended 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 ‘000
Revenue	1,189,799	1,156,421	2.89%
Cost of Sales	791,899	773,809	2.34%
GP	397,900	382,612	4.00%
Dist: Cost	147,752	136,726	8.06%
Admin: Expenses	45,621	39,268	16.18%
Operating Profit	253,970	223,059	13.86%
Finance Cost	1,403	2,464	-43.06%
Profit before Taxation	252,567	220,595	14.49%
Taxation	54,149	41,701	29.85%
PAT	198,418	178,894	10.91%
EPS - Basic & diluted	4.04	3.68	9.78%