Earnings Report: Thall Limited (PSX: THALL) today reported Financial Results for the Twelve months ended June 30, 2017

Thall Limited announced Financial Results for the period ended June 30, 2017.

The company’s Net Revenue for the period increased 12.17 by percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 82 percent.

The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 320% i.e. Rs 16/- per share. This is in addition to the interim dividend already paid at Rs. 3.75/- per share i.e. 75%. The board issued no bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Six Months Ended

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Net Revenue

17,124,373

15,266,439

12.17%

Cost of Sales

13,491,348

11,897,093

13.40%

Gross Profit

3,633,025

3,369,346

7.83%

Dist: Costs

185,653

249,291

-25.53%

Admin: Expenses

741,843

572,773

29.52%

Other Charges

345,370

731,906

-52.81%

Other income

3,095,347

1,167,489

165.13%

Operating Profit

5,455,506

2,982,865

82.89%

Finance Costs

8,511

3,820

122.80%

Profit before Taxation

5,446,995

2,979,045

82.84%

Taxation

1,480,711

800,227

85.04%

Profit after Taxation

3,966,284

2,178,818

82.04%

EPS – Basic and diluted

49

27

82.04%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-08-29T15:44:00+05:00