Earnings Report: Tri-Pack Films Ltd. (TRIPF) today reported Financial Results for the three and six months ended June 30, 2017

Tri-Pack Films Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Revenue for the period increased by 5 percent in the outgoing year, whereas the Profit after Taxation for the Period decreased by 37 percent.

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

Revenue

6,061,715

5,782,475

5%

Cost of Sales

5,047,931

4,583,353

10%

Gross Profit

1,013,784

1,199,122

-15%

Admin Expenses

165,627

167,086

-1%

Operating Profit

678,473

901,508

-25%

Other Income

18,588

26,567

-30%

Other Expenses

37,267

46,327

-20%

Finance cost

157,320

257,189

-39%

Profit before Income Tax

502,474

624,559

-20%

Income Tax

166,865

95,906

74%

Profit for the period

335,609

528,653

-37%

EPS – basic and diluted

8.65

14.65

-41%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-08-22T11:00:00+05:00