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.
