Engro Foods Ltd. profits fall 85% to 385 million

06:40
October 23, 2017
MG

Engro Foods Ltd. Net Sales for the period decreased by 20%, amounting to a total of 27.1 billion Rupees during the Quarter ended September, 30^th 2017
Company’s Gross Profit decreased by 46%
The Profit after tax for the period decreased 85% reaching 385 million compared to same period last year’s profit of 2.6 billion Rupees.
The company’s earnings per share reached 0.50 Rupees, down by 85%

Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30^th 2017
Key Financials	2017	2016	% Change
	Amounts in PKR ‘000
Net Sales	27,135,501	33,947,481	-20.07%
Cost of Sales	22,505,365	25,330,964	-11.15%
Gross Profit	4,630,136	8,616,517	-46.26%
Distribution and Marketing Expenses	3,185,659	3,582,337	-11.07%
Administrative Expenses	613,636	649,182	-5.48%
Operating Profit	982,910	4,175,457	-76.46%
Finance Costs	391,620	293,050	33.64%
Profit before Taxation	591,290	3,882,407	-84.77%
Taxation	205,532	1,287,623	-84.04%
Profit for the period	385,758	2,594,784	-85.13%
EPS – Basic and diluted	0.50	3.38	-85.21%

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-23T11:40:00+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.40000	278.50000	278.50000	278.40000	03:02 PM
2	EUR	1.06366	1.06369	1.06369	1.06366	08:20 PM
3	GBP	1.24271	1.24277	1.24276	1.24271	08:20 PM
4	CHF	0.91256	0.91264	0.91264	0.91256	08:20 PM
5	JPY	154.61100	154.61600	154.61600	154.61100	08:20 PM
6	CAD	1.37798	1.37811	1.37811	1.37798	08:20 PM
7	AUD	0.64118	0.64121	0.64121	0.64118	08:20 PM
8	INR	83.58100	83.58150	83.58150	83.58100	08:18 PM
9	SAR	3.75110	3.75130	3.75130	3.75110	05:20 AM
10	AED	3.67250	3.67280	3.67280	3.67250	05:20 AM
11	HKD	7.83147	7.83172	7.83172	7.83147	08:20 PM
12	CNH	7.25346	7.25411	7.25411	7.25346	08:20 PM
13	CNY	7.23820	7.23920	7.23920	7.23820	11:17 PM
14	THB	36.88200	36.90100	36.90100	36.88300	08:20 PM
15	MYR	4.78500	4.79000	4.79000	4.78500	08:02 PM
16	IDR	16,200.10000	16,215.30000	16,215.30000	16,200.10000	08:19 PM
17	SGD	1.36230	1.36330	1.36330	1.36230	08:20 PM
18	NZD	0.58953	0.58964	0.58964	0.58953	08:20 PM
19	MXN	17.09430	17.09930	17.09931	17.09431	08:20 PM
20	TRY	32.56360	32.57360	32.57310	32.56360	08:20 PM
21	SEK	10.98070	10.99150	10.99145	10.98073	08:20 PM
22	ZAR	19.16960	19.19360	19.19360	19.16960	08:20 PM
23	NOK	11.06740	11.07700	11.07697	11.06738	08:20 PM
24	DKK	7.01370	7.01467	7.01467	7.01370	08:20 PM
25	ARS	870.43300	870.44100	870.44116	870.43270	08:19 PM
26	BDT	108.05800	111.43000	111.42956	108.05773	08:00 PM
27	BHD	0.37697	0.37701	0.37701	0.37697	03:41 AM
28	BRL	5.24150	5.24450	5.24450	5.24150	08:18 PM
29	KRW	1,384.44000	1,384.65000	1,384.65000	1,384.45000	08:20 PM
30	KWD	0.30835	0.30845	0.30845	0.30835	05:20 AM
31	LKR	297.95700	304.51400	304.51357	297.95723	08:00 PM
32	OMR	0.38497	0.38500	0.38500	0.38497	03:41 AM
33	QAR	3.64550	3.64850	3.64850	3.64550	05:20 AM
34	RUB	93.70000	94.60000	94.60000	93.70000	08:00 PM
35	AFN	71.00000	73.00000	73.00000	71.00000	08:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:42 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,690.00000	12,740.00000	12,740.00000	12,690.00000	08:00 PM
40	PHP	57.22500	57.42500	57.42500	57.22500	08:19 PM
42	NGN	1,149.77000	1,150.77000	1,150.77000	1,149.77000	08:00 PM
43	KES	132.00000	134.00000	134.00000	132.00000	08:00 PM
44	AMD	394.07000	394.07000	394.07000	394.07000	08:00 PM
45	TWD	32.41820	32.44820	32.44820	32.41820	08:20 PM
46	XAU	2,374.32000	2,374.51000	2,374.97000	2,374.51000	08:19 PM
47	XAG	28.14580	28.15480	28.15480	28.14720	08:19 PM
48	XPT	935.10000	937.50000	937.50000	935.10000	05:20 AM
49	XPD	1,012.29000	1,017.62000	1,017.61640	1,012.29280	05:20 AM
2,120	VES	36.25120	36.34220	36.34216	36.25125	08:00 PM
2,212	UGX	3,766.45000	3,850.73000	3,850.72810	3,766.44660	08:00 PM
2,213	TZS	2,582.99000	2,583.01000	2,583.01500	2,582.98500	08:00 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	70,645.30	70,290.119	69,783.32	-43.199	-0.061	237,694,811.0	11,463,504,265.170	18/04/2024 04:13 PM
ALLSHR	46,417.10	46,207.855	45,927.10	-25.142	-0.054	440,121,509.0	24,355,862,169.420	18/04/2024 04:13 PM
KSE30	23,225.12	23,093.810	22,904.89	-26.776	-0.116	98,900,681.0	9,116,464,844.550	18/04/2024 04:13 PM
KMI30	118,354.77	117,354.600	116,464.95	-245.338	-0.209	149,225,217.0	8,668,512,964.260	18/04/2024 04:13 PM
KMIALLSHR	32,968.78	32,723.866	32,557.70	-28.234	-0.086	281,881,154.0	20,769,541,762.000	18/04/2024 04:13 PM
BKTi	17,793.43	17,582.049	17,476.13	-169.939	-0.957	18,567,387.0	2,410,715,151.990	18/04/2024 04:13 PM
OGTi	16,667.42	16,459.940	16,334.74	-2.499	-0.015	12,106,369.0	1,792,912,599.580	18/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	63,180.0	63,840.0	63,180.0	-480.00
BRENT CRUDE	EB	87.0	87.1	87.0	-0.09
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-5.20
ROTTERDAM COAL MONTHLY	ET	120.0	120.0	119.1	-0.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.0	82.1	82.0	-0.06
SUGAR #11 WORLD	SB	19.6	19.7	19.2	0.29

To see more commodities please register for our portal

Top 5 things to watch in this week

Charts

KSE100 (Last)

KSE100 (Volume)

KSE100 (Last)

KSE100 (Volume)

Trending :

Engro Foods Ltd. profits fall 85% to 385 million

Top 5 things to watch in this week

Charts

Stay Connected

Read Next

Domestic gold gains Rs800 per tola

EPQL’s profit surges by 33.4% YoY to Rs585m in 3QFY24

PSX set to extend bullish run due to low multiples, rate cuts

ADB forecasts 4.8% growth for China’s economy in 2024