Earnings Report: Pak Gulf Leasing Co. Ltd. (PSX: PGLC) today reported Financial Results for the Twelve months ended June 30, 2017

Pak Gulf Leasing Co. Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Total Income for the period increased by 13.54 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 16 percent.

The board has recommended a Cash Dividend for the year ended June 30, 2017 at the rate of 7.5% i.e. Rs 0.75/- per share. The board issued no bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Year Months Ended

Key Financials

2017

2016

% Change

 

Amounts in PKR

Total Income

172,211,411

151,671,360

13.54%

Admin: & Operating Expenses

76,481,000

72,289,792

5.80%

Finance Cost

30,121,776

28,093,726

7.22%

Other Charges

107,168

101,713

5.36%

Profit before Taxation

65,501,467

51,186,129

27.97%

Taxation

18,425,258

10,471,732

75.95%

PAT

47,076,209

40,714,397

15.63%

EPS – Basic & Diluted

1.86

1.60

16.25%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-09-19T09:59:00+05:00