Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Engro Fertilizer Co. Ltd. earnings per share stand at Rs 5.01 vs Rs 4.25 of FY ‘16

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  • Engro Fertilizer Co. Ltd. Sales for the period increased by 17%, amounting to a total of 47 billion Rupees for the period ended September, 2017
  • Company’s selling & distribution expenses went up by around 43% during the period under review
  • The Profit after tax for the period surged by 18% reaching 6.7 billion vs previous year’s profit of 5.6 billion Rupees.
  • The company’s earnings per share reached 5 rupees.
  • EFERT declared a dividend of Rs. 3 per share at the rate of 30%
Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Net Sales

47,732,078

40,892,233

16.73%

Cost of Sales

33,114,880

29,450,537

12.44%

Gross Profit

14,617,198

11,441,696

27.75%

Selling & Distribution Expenses

4,900,979

3,425,382

43.08%

Administrative Expenses

739,746

632,380

16.98%

Other Income

4,263,467

4,392,149

-2.93%

Finance Cost

1,977,945

2,363,381

-16.31%

Profit before Taxation

10,392,131

8,643,191

20.23%

Taxation

3,696,274

2,987,200

23.74%

Profit for the period

6,695,857

5,655,991

18.39%

EPS – Basic

5.01

4.25

17.88%

EPS – Diluted

5.01

1.48

238.51%

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-24T14:09:00+05:00