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Earnings Report: Next Capital Ltd. (PSX: NEXT) today reported Financial Results for the Twelve months ended June 30, 2017

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Next Capital Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Operating Revenue for the period increased by 116.26 percent in the outgoing year, whereas the company made Profits after incurring losses in the previous year.

The board has not recommended any dividend for the period, however issued 10% bonus shares for the year ended June 30, 2017.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Year Ended

Key Financials

2017

2016

% Change

 

Amounts in PKR

Operating Revenue

353,702,249

163,555,175

116.26%

Capital Gain on Investments

42,632,288

1,311,084

3151.68%

Impairment Expenses

14,926,170

 

Operating Expenses

156,059,145

91,251,747

71.02%

Admin: Expenses

83,362,666

73,034,301

14.14%

Finance Cost

30,141,859

26,582,538

13.39%

Profit/(Loss) before Taxation

139,960,293

(5,702,894)

 

Taxation

36,999,256

10,443,149

254.29%

Profit/(Loss) after Taxation

102,961,037

(16,146,043)

 

Earnings/(Loss) per share – Basic & diluted

2.78

(0.51)

 

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-09-15T15:50:00+05:00