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.