Engro Powergen takes a breather as profits jump by 36%

10:09
October 16, 2019
MG

October 16, 2019 (MLN): Engro Powergen Qadirpur Limited (EPQL) has declared earnings of Rs. 2.6 million (RS. 8.06) in its latest financial results for the nine months ended September 30, 2019. This signifies a growth of nearly 36% over the same period of last year.

A number of factors contributed to the growth in company’s profits, including increase in gross profits by 24%, decline in administrative expense by 32% and finance cost by 58%.

A massive rise in the non-core income also helped in lifting the bottom-line earnings of the company.

Nonetheless, EPQL suffered some setbacks in the form of rise in income tax expense by a substantial margin as well as higher non-core expenses.

Profit and Loss Account for the nine months ended September 30, 2019 (Rupees)
	Sep-19	Sep-18	% Change
Sales	10,835,384	8,406,930	28.89%
Cost of Sales	(8,041,438)	(6,164,260)	30.45%
Gross Profit	2,793,946	2,242,670	24.58%
Administrative Expenses	(60,549)	(89,099)	-32.04%
Other Expenses	(105,888)	(65,830)	60.85%
Other Income	53,721	1,420
Profit from Operations	2,681,230	2,089,161	28.34%
Finance Cost	(68,287)	(165,030)	-58.62%
Profit before Taxation	2,612,943	1,924,131	35.80%
Taxation	(2,662)	(272)	878.68%
Profit for the Period	2,610,281	1,923,859	35.68%
Earnings per share – Basic and Diluted	8.06	5.94	35.69%

Copyright Mettis Link News

Posted on: 2019-10-16T15:09:00+05:00

30579

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.50000	278.70000	278.70000	278.50000	03:08 PM
2	EUR	1.07156	1.07159	1.07159	1.07156	10:29 AM
3	GBP	1.24903	1.24912	1.24912	1.24903	10:29 AM
4	CHF	0.91375	0.91380	0.91380	0.91375	10:29 AM
5	JPY	155.59000	155.59500	155.59500	155.59000	10:29 AM
6	CAD	1.37067	1.37071	1.37071	1.37067	10:29 AM
7	AUD	0.65043	0.65046	0.65046	0.65043	10:29 AM
8	INR	83.27340	83.27970	83.27970	83.27340	10:29 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	07:30 PM
10	AED	3.67240	3.67340	3.67340	3.67240	07:29 PM
11	HKD	7.82890	7.82915	7.82915	7.82890	10:29 AM
12	CNH	7.26255	7.26274	7.26274	7.26255	10:29 AM
13	CNY	7.24570	7.24630	7.24630	7.24570	07:27 PM
14	THB	37.05800	37.08700	37.08700	37.05800	10:29 AM
15	MYR	4.77500	4.78000	4.78000	4.77500	05:19 AM
16	IDR	16,216.70000	16,220.10000	16,220.10000	16,216.70000	10:29 AM
17	SGD	1.36054	1.36063	1.36063	1.36054	10:29 AM
18	NZD	0.59385	0.59394	0.59394	0.59385	10:29 AM
19	MXN	17.23790	17.24290	17.24290	17.23790	10:29 AM
20	TRY	32.52950	32.53950	32.53950	32.52950	10:29 AM
21	SEK	10.91580	10.91920	10.91917	10.91582	10:29 AM
22	ZAR	19.04250	19.05000	19.04996	19.04246	10:29 AM
23	NOK	10.98350	10.98550	10.98554	10.98354	10:29 AM
24	DKK	6.95917	6.96000	6.96000	6.95917	10:29 AM
25	ARS	873.73200	873.74200	873.74180	873.73180	10:29 AM
26	BDT	108.07500	111.43200	111.43230	108.07535	07:19 AM
27	BHD	0.37700	0.37705	0.37705	0.37700	06:36 PM
28	BRL	5.16390	5.16690	5.16690	5.16390	10:29 AM
29	KRW	1,375.92000	1,376.71000	1,376.71000	1,375.92000	10:29 AM
30	KWD	0.30777	0.30787	0.30787	0.30777	07:30 PM
31	LKR	293.76400	300.29200	300.29187	293.76440	07:19 AM
32	OMR	0.38498	0.38502	0.38502	0.38498	07:29 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	09:31 PM
34	RUB	92.27000	94.07000	94.07000	92.27000	08:00 PM
35	AFN	71.20540	73.07040	73.07043	71.20544	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:20 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	08:00 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	08:00 PM
39	UZS	12,658.50000	12,723.80000	12,723.79709	12,658.52294	07:19 AM
40	PHP	57.76500	57.82200	57.82200	57.76500	10:29 AM
42	NGN	1,266.52000	1,267.52000	1,267.52000	1,266.52000	08:31 AM
43	KES	134.00000	136.00000	136.00000	134.00000	08:39 AM
44	AMD	388.60000	388.60000	388.60000	388.60000	08:11 AM
45	TWD	32.59810	32.62810	32.62810	32.59810	10:29 AM
46	XAU	2,324.07000	2,324.41000	2,324.41000	2,324.07000	10:29 AM
47	XAG	27.30320	27.31180	27.31180	27.30320	10:29 AM
48	XPT	906.20000	907.70000	907.70000	906.20000	07:30 PM
49	XPD	979.50000	984.50000	984.50000	979.50000	07:30 PM
2,120	VES	36.29670	36.38780	36.38776	36.29673	08:00 PM
2,212	UGX	3,768.22000	3,852.14000	3,852.14334	3,768.21865	07:19 AM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	08:48 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,593.25	71,971.401	71,700.54	-80.491	-0.112	424,080,014.0	16,729,754,250.360	25/04/2024 04:13 PM
ALLSHR	47,464.49	47,174.954	47,022.84	2.137	0.005	798,226,277.0	27,520,277,864.490	25/04/2024 04:13 PM
KSE30	23,911.80	23,749.046	23,630.38	-58.772	-0.247	100,632,233.0	10,911,348,299.790	25/04/2024 04:13 PM
KMI30	122,036.66	120,902.956	120,348.15	-259.501	-0.214	165,495,684.0	10,488,159,680.390	25/04/2024 04:13 PM
KMIALLSHR	33,911.61	33,699.441	33,542.23	42.921	0.128	560,837,784.0	22,833,398,111.890	25/04/2024 04:13 PM
BKTi	17,958.27	17,872.359	17,710.29	-16.250	-0.091	19,765,810.0	2,463,980,003.790	25/04/2024 04:13 PM
OGTi	17,084.78	17,031.061	16,828.32	74.488	0.439	14,111,722.0	2,057,880,884.130	25/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	63,795.0	64,650.0	62,770.0	-85.00
BRENT CRUDE	EB	87.3	88.5	87.3	-0.68
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-2.40
ROTTERDAM COAL MONTHLY	ET	118.3	118.3	118.3	0.05
USD RBD PALM OLEIN	POL	860.0	860.0	860.0	0.00
CRUDE OIL – WTI	QCL	82.0	83.3	82.0	-0.77
SUGAR #11 WORLD	SB	19.3	19.7	19.0	-0.51

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)

MPS Preview: High for Longer

Trending :

Engro Powergen takes a breather as profits jump by 36%

Top 5 things to watch in this week

Charts

Stay Connected

Read Next

UNDP presents “Doing Digital for Development” report to Pakistan’s FM

PIBTL earns Rs336m profit in 1Q2024 after last year’s loss

Gold prices in Pakistan plummet Rs7,800 per tola

Gold price in Pakistan reaches Rs250,700 per tola