Engro Powergen Qadirpur Ltd. Net Sales for the period increased by 8.5%, amounting to a total of 8.79 billion Rupees during the Quarter ended September, 30th 2017
Company’s Gross Profit increased by 14.45%
Profit after tax for the period increased 21.35% reaching 1.8 billion compared to same period last year’s profit of 1.5 billion Rupees.
The company’s earnings per share reached 5.72 Rupees, up by 21% from last year
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the nine months ended, September 30th 2017
Key Financials
2017
2016
% Change
Amounts in PKR ‘000
Sales
8,798,825
8,106,199
8.54%
Cost of Sales
6,703,292
6,275,205
6.82%
Gross Profit
2,095,533
1,830,994
14.45%
Administrative Expenses
136,892
136,515
0.28%
Profit from Operations
2,065,806
1,790,953
15.35%
Finance Cost
212,520
263,696
-19.41%
Profit before Taxation
1,853,286
1,527,257
21.35%
Taxation
380
351
8.26%
Profit for the period
1,852,906
1,526,906
21.35%
Profit available for Appropriation
5,779,828
4,718,490
22.49%
EPS – Basic and diluted
5.72
4.72
21.19%
Company release on Earnings Report can be accessed here.