Earnings Report: Macter International (PSX: MACTER) today reported Financial Results for the Twelve months ended June 30, 2017

MG News | September 22, 2017 at 03:09 PM GMT+05:00

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Macter International announced Financial Results for the period ended June 30, 2017.

The company’s Turnover for the period increased by 18.45 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 86.39 percent.

The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 42.5% i.e. Rs 4.25/- per share. The board issued no bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account - For the Year Ended
Key Financials	2017	2016	% Change
	Amounts in PKR ‘000
Turnover	3,629,959	3,064,439	18.45%
Cost of Sales	1,956,580	1,807,274	8.26%
Gross Profit	1,673,379	1,257,165	33.11%
Dist: Costs	1,061,311	806,561	31.58%
Admin: Expenses	201,546	187,227	7.65%
Other Expenses	29,945	26,450	13.21%
Other Income	32,710	30,566	7.01%
Operating Profit	413,287	267,493	54.50%
Finance Costs	60,842	55,226	10.17%
Profit before Taxation	352,445	212,267	66.04%
Taxation	78,221	65,146	20.07%
PAT	274,224	147,121	86.39%
Basic and Diluted - EPS	7.01	3.76	86.44%

Company release on Earnings Report can be accessed here.

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