Earnings Report: TPL Trakker (PSX: TPL) today reported Financial Results for the twelve months ended June 30, 2017

TPL Trakker announced Financial Results for the period ended June 30, 2017.

The company’s Net Turnover for the period decreased by 2.01 percent in the outgoing year, whereas the Profit after Taxation for the Period decreased by 9.11 percent.

The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 2.5% i.e. Rs 0.25/- per share. The board issued no bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Twelve Months Ended

Key Financials

2017

2016

% Change

 

Amounts in PKR

Net Turnover

1,506,281,654

1,537,180,808

-2.01%

Cost of Sales

716,495,191

761,838,325

-5.95%

Gross Profit

789,786,463

775,342,483

1.86%

Dist: Expenses

239,918,365

231,753,991

3.52%

Admin: Expenses

368,525,475

326,818,274

12.76%

Operating Profit

181,342,623

216,770,218

-16.34%

Other Expenses

1,359,659

12,574,083

-89.19%

Finance Costs

149,727,603

123,634,898

21.10%

Other Income

49,093,003

44,895,502

9.35%

Profit before Taxation

79,349,003

125,456,739

-36.75%

Taxation

22,445,698

62,847,532

-64.29%

PAT

56,903,305

62,609,207

-9.11%

Total Comprehensive Income for the Year

42,849,008

146,337,100

-70.72%

EPS – Basic & diluted

0.26

0.29

-10.34%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-08-24T14:33:00+05:00