Earnings Report: Sazgar Engineering Works Ltd. (PSX: SAZEW) today reported Financial Results for the Twelve months ended June 30, 2017

News Image

MG News | September 26, 2017 at 09:48 AM GMT+05:00

Join our Whatsapp channel
Add Mettisglobal as a Trusted Source on Google Google
0:00

Sazgar Engineering Works Ltd. announced Financial Results for the period ended June 30, 2017.

The company reported an increase of 26% in Sales for the period ended June, 30 2017, whereas reported an increase of 33% in Profit after Tax.

The company reported an Earnings per share of Rs. 7.95, up by 33% from same period last year.

The board has not recommended a final Cash Dividend for the year ended June 30, 2017. This is in addition to the interim dividend already paid at 12.5% of Rs. 1.25/-. 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

Net Sales

3,618,144,493

2,873,866,541

25.90%

Cost of Sales

3,238,663,489

2,585,180,116

25.28%

Gross Profit

379,481,004

288,686,425

31.45%

Dist: Cost

83,912,593

69,547,356

20.66%

Admin: Expenses

65,884,066

56,919,426

15.75%

Other Operating Expenses

26,703,862

12,766,183

109.18%

Other Income

2,922,832

7,284,005

-59.87%

Operating Profit before Finance Cost

205,903,315

156,737,465

31.37%

Finance Cost

1,789,570

2,779,669

-35.62%

Profit before Taxation

204,113,745

153,957,796

32.58%

Taxation

61,291,804

46,288,058

32.41%

PAT

142,821,941

107,669,738

32.65%

EPS - Basic & diluted

7.95

5.99

32.72%

Company release on Earnings Report can be accessed here.

Related News

News
GIS trading to resume June 1 with higher rental rates
News
Systems Limited profit climbs 21% in strong Q1
News
Tariq Corporation plans 15.8m share rights issue at Rs20
Name Price/Vol %Chg/NChg
KSE100 173,962.82
313.69M 		1.30%
2237.52
ALLSHR 104,178.62
550.40M 		0.93%
964.13
KSE30 52,166.33
164.58M 		1.26%
649.19
KMI30 250,496.48
141.11M 		1.59%
3930.77
KMIALLSHR 67,844.06
318.73M 		1.20%
801.29
BKTi 47,430.11
44.68M 		0.28%
130.40
OGTi 36,386.96
9.01M 		0.13%
45.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 73,715.00 73,760.00
73,715.00 		0.00
0.00%
BRENT CRUDE 91.89 92.95
89.93 		-0.81
-0.87%
RICHARDS BAY COAL MONTHLY 117.00 0.00
0.00 		-0.75
-0.64%
ROTTERDAM COAL MONTHLY 130.25 131.75
130.00 		-0.20
-0.15%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50 		0.00
0.00%
CRUDE OIL - WTI 87.76 89.02
86.35 		-1.14
-1.28%
SUGAR #11 WORLD 14.07 14.35
13.90 		0.14
1.01%
Chart of the Day
Latest News
May 29, 2026 at 09:44 PM GMT+05:00

SBP reserves rise $66m to $17.15bn

May 29, 2026 at 08:19 PM GMT+05:00

Petrol, HSD prices drop Rs22 per litre

May 29, 2026 at 07:19 PM GMT+05:00

Sindh, World Bank review Karachi water network

May 29, 2026 at 05:06 PM GMT+05:00

PSX Closing Bell: Bulls Come Out Swinging

May 29, 2026 at 04:41 PM GMT+05:00

RLNG imports hit by May disruptions, prices jump 42%

Top 5 things to watch in this week
SBP Interventions in Interbank FX Market
Weekly SCRA Balance
Weekly SPI
Foreign Exchange Reserves
Monthly Economic Update & Outlook May, 2026
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg