Earnings Report: KSB Pumps Company Ltd. (PSX: KSBP) today reported Financial Results for the Three and Six months ended June 30, 2017
MG News | August 23, 2017 at 01:29 PM GMT+05:00
KSB Pumps Company Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Sales for the period decreased by 4 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 5 percent.
The board has did not recommend any 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 | 2,458,290 | 2,555,054 | -4% |
| Cost of Sales | 1,912,257 | 2,026,236 | -6% |
| Gross Profit | 546,033 | 528,818 | 3% |
| Dist: and Marketing Expenses | 165,975 | 167,730 | -1% |
| Admin: Expenses | 114,513 | 108,314 | 6% |
| Other Operating Expenses | 35,197 | 22,195 | 59% |
| Other operating Income | 22,319 | 29,652 | -25% |
| Profit from Operations | 252,667 | 260,231 | -3% |
| Finance costs | 10,278 | 20,269 | -49% |
| Profit before taxation | 242,389 | 239,962 | 1% |
| Taxation | 67,314 | 73,712 | -9% |
| Profit for the period | 175,075 | 166,250 | 5% |
| EPS - Basic and diluted | 13.26 | 21.59 | -39% |
Company release on Earnings Report can be accessed here.
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