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

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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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