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.