Earnings Report: Rupali Polyester Ltd. (PSX: RUPL) today reported Financial Results for the Twelve months ended June 30, 2017
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MG News | September 21, 2017 at 03:49 PM GMT+05:00
Rupali Polyester Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Net Sales for the period grew by 2.77 percent in the outgoing year, whereas the company suffered losses during the reported the period.
The board has not recommended any Cash Dividend for the year ended June 30, 2017. 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 | |||
| Sales | 5,025,401 | 4,890,041 | 2.77% |
| CoGS | 4,887,698 | 4,969,175 | -1.64% |
| Gross Profit/(Loss) | 137,703 | (79,134) |
|
| Selling & Dist: Expenses | 12,726 | 13,077 | -2.68% |
| Admin: & General Expenses | 153,625 | 142,362 | 7.91% |
| Other Charges | 9,300 | 1,921 | 384.12% |
| Other Income | 28,564 | 100,687 | -71.63% |
| Operating Loss | (9,384) | (135,807) |
|
| Finance Cost | 113,680 | 135,112 | -15.86% |
| Loss before Taxation | (123,083) | (270,919) |
|
| Reversal of/ (Provision for) Taxation | 2,981 | 62,559 | -95.23% |
| Loss after Taxation | (120,083) | (333,478) |
|
| Loss per share - Basic & Diluted | (3.52) | (9.79) |
|
Company release on Earnings Report can be accessed here.
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