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Mettis Global News
Mettis Global News

MPS Preview: High for Longer

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

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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%

Company release on Earnings Report can be accessed here.

Posted on: 2017-09-22T10:15:00+05:00