Earnings Report: Rupali Polyester Ltd. (PSX: RUPL) today reported Financial Results for the Twelve months ended June 30, 2017

By MG News | September 21, 2017 at 03:49 PM GMT+05:00

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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.

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	106,625.00	109,305.00 106,440.00	-2295.00 -2.11%
BRENT CRUDE	74.26	74.85 72.66	1.03 1.41%
RICHARDS BAY COAL MONTHLY	88.00	0.00 0.00	-3.25 -3.56%
ROTTERDAM COAL MONTHLY	103.10	0.00 0.00	-0.65 -0.63%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	71.21	72.12 69.56	0.96 1.37%
SUGAR #11 WORLD	16.86	16.94 16.80	-0.08 -0.47%