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

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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.

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