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

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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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