Earnings Report: Sana Industries Ltd. (PSX: SNAI) today reported Financial Results for the Twelve months ended June 30, 2017

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MG News | September 21, 2017 at 10:01 AM GMT+05:00

Sana Industries Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Turnover for the period decreased by 7.30 percent in the outgoing year, whereas the company suffered losses for the reported period.

The board has recommended any 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

Turnover

1,660,317,705

1,791,117,662

-7.30%

Cost of Sales and Services

1,620,325,288

1,613,750,419

0.41%

Gross Profit

39,992,417

177,367,243

-77.45%

Dist: Expenses

13,588,807

11,130,637

22.08%

Admin: Expenses

47,116,402

38,760,769

21.56%

Other Income

20,146,546

3,118,053

546.13%

Other Operating Expenses

654,100

6,661,968

-90.18%

Operating Profit

1,220,345

123,931,922

-99.02%

Finance Costs

43,787,491

40,341,388

8.54%

(Loss)/Profit before Taxation

(45,007,836)

83,590,534

-153.84%

Taxation

17,423,076

18,821,206

-7.43%

(Loss)/Profit after Taxation

(27,584,760)

64,769,328

-142.59%

(Loss)/EPS - Basic and diluted

(3.21)

7.54

-142.57%

Company release on Earnings Report can be accessed here.

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