Earnings Report: Pakistan Services Ltd. (PSX: PSEL) today reported Financial Results for the Twelve months ended June 30, 2017

Unconsolidated Profit and Loss Account - For the Year Ended

Key Financials

2017

2016

% Change

Amounts in PKR ‘000

Net Sales and Services

                    9,811,986

                    9,151,060

7.22%

Cost of Sales and Services

                    5,427,241

                    4,967,545

9.25%

Gross Profit

                    4,384,745

                    4,183,515

4.81%

Admin: Expenses

                    2,663,169

                    2,383,614

11.73%

Finance Cost

                        410,915

                        167,753

144.95%

Other Income

                        391,614

                        381,870

2.55%

Impairment Loss

                          40,509

                        797,536

-94.92%

Profit before Taxation

                    1,661,766

                    1,216,482

36.60%

Taxation

                        515,929

                        591,277

-12.74%

PAT

                    1,145,837

                        625,205

83.27%

EPS - Basic & Diluted

                            35.23

                            19.22

83.30%