Earnings Report: Pioneer Cement Ltd. (PSX: PIOC) today reported Financial Results for the Twelve months ended June 30, 2017
.png?width=950&height=450&format=Webp)
MG News | September 27, 2017 at 02:33 PM GMT+05:00
Pioneer Cement Ltd. announced Financial Results for the period ended June 30, 2017.
The company reported an increase of 13.5% in Net Sales for the period ended June, 30 2017, whereas reported an increase of 16% in Profit after Tax.
The company reported an Earnings per share of Rs. 12.84, up by 16% from same period last year.
The board has recommended a final Cash Dividend for the year ended June 30, 2017 @ of 33.50% a total of Rs. 3.35/share. This is in addition to the interim dividend already paid at 21.50% of Rs. 2.15/-. 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 | |||
| Net Sales | 10,630,994 | 9,366,533 | 13.50% |
| Cost of Sales | 6,202,685 | 5,361,331 | 15.69% |
| Gross Profit | 4,428,309 | 4,005,202 | 10.56% |
| Dist: Cost | 94,064 | 59,982 | 56.82% |
| Admin: Expenses | 84,581 | 81,545 | 3.72% |
| Other Income | 156,511 | 285,922 | -45.26% |
| Other Expenses | 301,976 | 285,518 | 5.76% |
| Operating Profit | 4,104,199 | 3,864,079 | 6.21% |
| Finance Cost | 34,694 | 17,471 | 98.58% |
| Profit before Taxation | 4,069,505 | 3,846,608 | 5.79% |
| Taxation | 1,151,960 | 1,327,830 | -13.24% |
| PAT | 2,917,545 | 2,518,778 | 15.83% |
| EPS - Basic & diluted | 12.84 | 11.09 | 15.78% |
Company release on Earnings Report can be accessed here.
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 157,870.50 291.16M | -2.27% -3667.90 |
| ALLSHR | 96,108.46 834.58M | -2.09% -2049.19 |
| KSE30 | 47,843.07 156.10M | -2.30% -1124.44 |
| KMI30 | 226,708.22 102.12M | -2.89% -6752.01 |
| KMIALLSHR | 62,521.18 318.78M | -2.48% -1591.23 |
| BKTi | 43,911.55 60.01M | -1.60% -715.15 |
| OGTi | 30,337.99 14.25M | -3.22% -1009.62 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 103,240.00 | 103,490.00 103,000.00 | 285.00 0.28% |
| BRENT CRUDE | 65.09 | 65.31 63.60 | 1.03 1.61% |
| RICHARDS BAY COAL MONTHLY | 85.25 | 85.75 85.25 | -0.75 -0.87% |
| ROTTERDAM COAL MONTHLY | 95.90 | 96.25 95.50 | -0.10 -0.10% |
| USD RBD PALM OLEIN | 1,082.50 | 1,082.50 1,082.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 60.99 | 61.06 60.94 | -0.05 -0.08% |
| SUGAR #11 WORLD | 14.28 | 14.48 14.17 | 0.08 0.56% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|