Earnings Report: Shifa International Hospitals Ltd. (PSX: SHFA) today reported Financial Results for the Twelve ended June 30, 2017

By MG News | September 12, 2017 at 09:54 AM GMT+05:00

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Shifa International Hospitals Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Net Revenue for the period increased by 6.03 percent in the outgoing year, whereas the Profit after Taxation for the Period decreased by 20.22 percent.

The board has recommended a Cash Dividend for the year ended June 30, 2017 at the rate of 50% i.e. Rs 5/- per share. 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
Net Revenue	9,257,009	8,730,803	6.03%
Other Income	136,579	86,760	57.42%
Operating Costs	8,464,606	7,668,538	10.38%
Finance Costs	66,389	108,997	-39.09%
Profit before Taxation	862,593	1,040,028	-17.06%
Provision for Taxation	256,166	279,930	-8.49%
PAT	606,427	760,098	-20.22%
EPS - Basic & Diluted - (Rs.)	11.12	14.68	-24.25%

Company release on Earnings Report can be accessed here.

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