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.
