Earnings Report: Zil Limited (PSX: ZIL) today reported Financial Results for the Three and Six months ended June 30, 2017

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By MG News | August 25, 2017 at 04:24 PM GMT+05:00

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Zil Limited announced Financial Results for the period ended June 30, 2017.

The company’s Net Sales for the period increased by 5 percent in the outgoing year, whereas the company suffered losses for the period.

Comparison of Key Financials

Unconsolidated Profit and Loss Account - For the Six Months Ended

Key Financials

Jan - June, 2017

Jan - Jun, 2016

% Change

Common Size 2017

 

Amounts in PKR ‘000

 

Net Sales

720,295

688,056

4.69%

100%

Cost of Sales

514,247

535,235

-3.92%

71%

Gross Profit

206,048

152,821

34.83%

29%

Selling & Dist: Expenses

156,272

154,512

1.14%

22%

Admin: Expenses

49,692

43,909

13.17%

7%

Other income

5,408

1,363

296.77%

1%

Other charges

296

57

419.30%

0%

Finance Cost

10,110

10,534

-4.03%

1%

Loss before Taxation

(4,914)

(54,828)

 

 

Taxation

1,440

16,166

 

0%

Loss for the period

(3,474)

(38,662)

 

0%

Loss/Share - Basic & diluted

(0.57)

(6.31)

 

 

 

Company release on Earnings Report can be accessed here.

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