EFGH loses Rs.12.7 million during the half year ended June 2018

Jun-18

Jun-17

% Change

OPERATING REVENUES

Operating revenues

                     75,277,260

                     68,772,700

9.46%

Gain on sale of investments - net

                       5,155,731

                     52,232,386

-90.13%

                     80,432,991

                  121,005,086

-33.53%

EXPENDITURES

Administrative expenses

                  (79,108,183)

                  (73,258,432)

7.99%

Operating Profit/(loss)

                       1,324,808

                     47,746,654

-97.23%

Other income - net

                       1,620,336

                       1,042,060

55.49%

Income on margin finance

                       6,662,956

                           307,166

2069.17%

Financial charges

                  (13,062,242)

                     (8,186,416)

59.56%

Gain/(loss) on re-measurement of investments carried at fair value through profit and loss account

                       2,185,280

                           850,929

156.81%

PROFIT/(LOSS) BEFORE TAXATION

                     (1,268,862)

                     41,760,393

TAXATION

                  (11,434,393)

                     (6,882,919)

66.13%

PROFIT/(LOSS) AFTER TAXATION

                  (12,703,255)

                     34,877,474

Earnings per share (basic and diluted)

                                  0.63

                                  1.74

-63.79%