Earnings Report: Japan Power Gen Ltd. (PSX: JPGL) today reported Financial Results for the Twelve months ended June 30, 2017

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MG News | September 21, 2017 at 03:41 PM GMT+05:00

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Japan Power Gen Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Sales for the period increased by 2.80 percent in the outgoing year, whereas the company suffered losses during the reported period.

The board has not recommended any Cash Dividend for the year ended June 30, 2017. Rs. 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

739,731

719,567

2.80%

Cost of Sales

341,492

338,982

0.74%

Gross Profit

298,239

380,585

-21.64%

Amin & General Expenses

237,870

23,205

925.08%

Other Operating Charges

-

65,432

-100.00%

Operating Profit

374,452

291,948

28.26%

Other Income

29,794

18,855

58.02%

Finance Cost

727,673

771,609

-5.69%

Loss before Taxation

(323,427)

(460,806)

 

Taxation

-

-

 

Net Loss after Taxation

(323,427)

(460,806)

 

Loss per Share (Basic & diluted)

(2.07)

(2.95)

 

Company release on Earnings Report can be accessed here.

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