Earnings Report: Kot Addu Power Co. Ltd. (PSX: KAPCO) today reported Financial Results for the Twelve months ended June 30, 2017

Kot Addu Power Co. Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Sales for the period increased by 28 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 4 percent.

The board has recommended no interim Cash Dividend, any bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Six Months Ended

Key Financials

Jan – June, 2017

Jan – Jun, 2016

% Change

 

Amounts in PKR ‘000

Sales

81,846,981

64,178,389

28%

Cost of Sales

67,666,625

50,770,461

33%

Gross Profit

14,180,356

13,407,928

6%

Admin: Expenses

451,839

528,603

-15%

Other Operating Expenses

221,708

25

886732%

Other income

4,991,238

4,040,713

24%

Profit from operations

18,498,047

16,920,013

9%

Finance cost

4,424,942

3,236,733

37%

Profit before tax

14,073,105

13,683,280

3%

Taxation

4,626,056

4,612,229

0%

PAT

9,447,049

9,071,051

4%

EPS

10.73

10.31

4%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-08-22T15:11:00+05:00