Earnings Report: SME Leasing Ltd. (PSX: SLL) today reported Financial Results for the Three and Six months ended June 30, 2017

MG News | August 23, 2017 at 02:41 PM GMT+05:00

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SME Leasing Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Total Revenue for the period decreased by 44 percent in the outgoing year, whereas the company suffered losses for the period.

The board has recommended no Cash Dividend, any bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account - For the Six Months Ended
Key Financials	Jan - June, 2017	Jan - Jun, 2016	% Change
	Amounts in PKR ‘000
Income from Operations	11,367,644	18,626,952	-39%
Other Operating income	581,510	2,690,206	-78%
Total Revenue	11,949,154	21,317,158	-44%
Administrative	20,150,841	18,251,433	10%
Finance Cost	5,043,853	7,121,687	-29%
Total Expenses	25,194,694	25,373,120	-1%
Operating (Loss) before Provisions	(13,245,540)	(4,055,962)
Total Provisions	2,519,474	(1,925,623)
Profit/(Loss) after provisions	(15,765,014)	(2,130,339)
Taxation	113,676	186,270	-39%
Net Profit/ (Loss) for the Period	(15,878,690)	(2,316,609)
Gain/(Loss) per share - Basic and diluted	(0.50)	(0.07)

Company release on Earnings Report can be accessed here.

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	60,305.00	60,325.00 59,710.00	1115.00 1.88%
BRENT CRUDE	74.84	75.84 72.06	1.10 1.49%
RICHARDS BAY COAL MONTHLY	115.00	0.00 0.00	0.75 0.66%
ROTTERDAM COAL MONTHLY	126.25	126.25 126.25	0.35 0.28%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	71.53	71.61 71.27	-0.39 -0.54%
SUGAR #11 WORLD	14.12	14.18 13.86	0.10 0.71%