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Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Engro Powergen Qadirpur Ltd. sales rises 8.54% to Rs. 8.8 billion

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  • 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.

Posted on: 2017-10-23T12:08:00+05:00