Earnings Report: Kohinoor Energy Ltd. (PSX: KOHE) today reported Financial Results for the year ended June 30, 2017

Kohinoor Energy Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Sales for the period increased by 13 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 16 percent.

The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 20% i.e. Rs 2.00/- per share. 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

8,223,861

7,283,936

12.90%

Cost of Sales

6,988,329

6,174,928

13.17%

Gross Profit

1,235,532

1,109,008

11.41%

Admin: Expenses

254,976

274,268

-7.03%

Other Income

2,294

1,390

65.04%

Profit from Operations

982,850

836,130

17.55%

Finance Costs

177,972

140,469

26.70%

Profit before Taxation

804,878

695,661

15.70%

Taxation

711

445

59.78%

Profit for the year

804,167

695,216

15.67%

EPS

4.75

4.10

15.85%

Company release on Earnings Report can be accessed here.

Posted on: 2017-09-20T15:07:00+05:00