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

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MG News | August 23, 2017 at 01:29 PM GMT+05:00

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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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