Earnings Report: KSB Pumps Company Ltd. (PSX: KSBP) today reported Financial Results for the Three and Six months ended June 30, 2017

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.

Posted on: 2017-08-23T13:29:00+05:00