Orix Leasing Pak Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Income for the period increased by 2.4% percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 10.69% percent.
The board has recommended a Cash Dividend for the year ended June 30, 2017 at the rate of 30% i.e. Rs 3/- 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 | June, 2017 | Jun, 2016 | % Change |
Amounts in PKR | |||
Income From Operations | |||
Finance Lease | 2,416,994,401 | 2,324,490,107 | 3.98% |
Operating Lease | 474,221,025 | 534,393,758 | -11.26% |
Mark-up on term finance | 543,065,105 | 506,881,416 | 7.14% |
Income | 3,434,280,531 | 3,365,765,281 | 2.04% |
Income from other activities | 596,662,526 | 704,671,198 | -15.33% |
Expenses | |||
Finance Cost | 1,585,888,181 | 1,666,424,021 | -4.83% |
Admin & General Expenses | 966,310,428 | 856,539,520 | 12.82% |
Total Expenses | 2,954,602,619 | 2,918,343,266 | 1.24% |
Profit before Taxation from Continuing Operations | 1,158,009,963 | 976,668,720 | 18.57% |
Taxation | 316,765,918 | 216,690,359 | 46.18% |
PAT from Continuing Operations | 841,244,045 | 759,978,361 | 10.69% |
Discontinued Operations | |||
Loss after Taxation from dis Continued Operations | – | (12,990,050) | -100.00% |
PAT form Discontinued Operations | 841,244,045 | 746,988,311 | 12.62% |
EPS – Basic & diluted | #DIV/0! | ||
Continued Operations | 10.25 | 9.26 | 10.69% |
Discontinued Operations | – | (0.16) | -100.00% |
Company release on Earnings Report can be accessed here.
