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.
