Earnings Report: Linde Group (PSX: LINDE) today reported Financial Results for the Three and Six months ended June 30, 2017

MG News | August 22, 2017 at 04:18 PM GMT+05:00

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Linde Group announced Financial Results for the period ended June 30, 2017.

The company’s Net Sales for the period increased by 6 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 24 percent.

The board has recommended no interim 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 - Net	2,119,979	1,994,392	6%
Cost of Sales	1,649,330	1,551,977	6%
Gross Profit	470,649	442,415	6%
Dist. And Marketing Expenses	124,879	129,294	-3%
Admin: Expenses	117,369	117,662	0%
Other Operating Expenses	28,797	13,418	115%
Operating profit before Net Income	199,604	182,041	10%
Other Income	10,265	5,259	95%
Operating profit	209,869	187,300	12%
Finance Cost	50,864	54,951	-7%
Profit before Taxation	159,005	132,349	20%
Taxation	36,437	33,299	9%
PAT	122,568	99,050	24%
EPS - Basic and diluted	4.90	3.96	24%

Company release on Earnings Report can be accessed here.

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