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Earnings Report: Kohinoor Mills Ltd (PSX: KML) today reported Financial Results for the Twelve months ended June 30, 2017

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

The company’s Revenue for the period increased by 25 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 13 percent.

The board has recommended a Cash Dividend for the year ended June 30, 2017 at the rate of 11% i.e. Rs 1.10/- 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 

Revenue

10,656,444,857

8,551,091,835

24.62%

Cost of Sales

9,211,160,073

7,158,065,284

28.68%

Gross Profit

1,445,284,784

1,393,026,651

3.75%

Dist: Cost

604,602,184

497,552,931

21.52%

Admin: Expenses

244,244,276

232,700,374

4.96%

Other Expenses

154,918,537

53,970,345

187.04%

Other Income

66,088,246

44,753,708

47.67%

Profit from Operations

507,608,033

653,556,609

-22.33%

Finance Cost

273,785,683

450,764,146

-39.26%

Profit before Taxation

233,822,350

202,792,463

15.30%

Taxation

99,807,069

83,960,087

18.87%

PAT

134,015,281

118,832,376

12.78%

EPS – Basic & Diluted

2.63

2.33

12.88%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-09-13T10:03:00+05:00