Earnings Report: Tri-Pack Films Ltd. (TRIPF) today reported Financial Results for the three and six months ended June 30, 2017
MG News | August 22, 2017 at 11:00 AM GMT+05:00
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.
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