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Exide Pakistan Limited experiences a loss of Rs.36.6 million during the first quarter ending on June 30th 2018: Earnings Report

09:37
July 30, 2018
MG

In a Board of Directors meeting held on July 30^th 2018 Exide Pakistan Limited discussed their financial earnings for the First Quarter ending on June 30^th 2018.

As compared to the quarter ending on June 30^th 2017. The company’s Sales decreased by 33.7% while the gross profit dropped by 38%

Fortunately, Exide managed to reduce their Total Operating Expenses by30%, however it still lost operating profit by 61%.

Other charges / expenses increased by 110%, thereby resulting in an overall loss.

Profit and Loss for the First Quarter Ended June 30,2018
	2018	2017	% Change
Sales	2,945,822	4,446,513	-33.7%
Cost of Sales	(2,609,512)	(3,903,776)	-33.2%
Gross Profit /(loss)	336,310	542,737	-38.0%
Distribution cost	(244,360)	(372,096)
Administrative expenses	(35,130)	(25,806)
Total Operating expenses	(279,490)	(397,902)	-29.8%
Operating profit	56,820	144,835	-60.8%
Other Operating income	2,394	664
	59,214	145,499
Finance charges	(38,392)	(30,612)	25.4%
Other charges	(20,664)	(9,803)	110.8%
	(59,056)	(40,415)
Profit before taxation	158	105,084	-99.8%
Taxation – Current	(36,823)	(35,727)	3.1%
-Deferred	–	–
	(36,823)	(35,727)
Profit after tax	(36,665)	69,357	-152.9%

Posted on: 2018-07-30T14:37:00+05:00

22391

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	1.07180	1.07186	1.07186	1.07180	11:53 AM
3	GBP	1.24931	1.24940	1.24940	1.24931	11:53 AM
4	CHF	0.91340	0.91347	0.91347	0.91340	11:53 AM
5	JPY	155.54100	155.54900	155.54900	155.54100	11:53 AM
6	CAD	1.36983	1.36989	1.36989	1.36983	11:53 AM
7	AUD	0.65026	0.65030	0.65030	0.65026	11:53 AM
8	INR	83.28360	83.28520	83.28520	83.28360	11:53 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	08:53 PM
10	AED	3.67280	3.67300	3.67300	3.67280	08:53 PM
11	HKD	7.82820	7.82845	7.82845	7.82820	11:53 AM
12	CNH	7.26001	7.26024	7.26024	7.26001	11:53 AM
13	CNY	7.23820	7.23900	7.23900	7.23820	08:53 PM
14	THB	37.01000	37.06800	37.06800	37.01000	11:53 AM
15	MYR	4.77500	4.78000	4.78000	4.77500	05:19 AM
16	IDR	16,185.90000	16,192.30000	16,192.30000	16,185.90000	11:53 AM
17	SGD	1.36053	1.36063	1.36063	1.36053	11:53 AM
18	NZD	0.59389	0.59401	0.59401	0.59389	11:53 AM
19	MXN	17.18850	17.19350	17.19350	17.18850	11:53 AM
20	TRY	32.47760	32.50740	32.50745	32.47765	11:52 AM
21	SEK	10.90690	10.91200	10.91200	10.90693	11:53 AM
22	ZAR	19.03400	19.04560	19.04560	19.03400	11:53 AM
23	NOK	10.98440	10.99220	10.99216	10.98442	11:53 AM
24	DKK	6.95761	6.95811	6.95811	6.95761	11:53 AM
25	ARS	873.75400	873.76200	873.76237	873.75398	11:52 AM
26	BDT	108.07500	111.43200	111.43230	108.07535	07:19 AM
27	BHD	0.37698	0.37713	0.37713	0.37698	07:47 PM
28	BRL	5.16147	5.16893	5.16893	5.16147	11:51 AM
29	KRW	1,374.01000	1,374.52000	1,374.52000	1,374.01000	11:53 AM
30	KWD	0.30776	0.30786	0.30786	0.30776	08:53 PM
31	LKR	293.76400	300.29200	300.29187	293.76440	07:19 AM
32	OMR	0.38500	0.38509	0.38509	0.38500	07:35 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	57.67500	57.72700	57.72700	57.67500	11:53 AM
42	NGN	1,279.52000	1,280.52000	1,280.52000	1,279.52000	11:27 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	32.59200	32.59300	32.59300	32.59200	11:53 AM
46	XAU	2,330.82000	2,331.22000	2,331.22000	2,330.82000	11:52 AM
47	XAG	27.29920	27.30780	27.30780	27.29920	11:52 AM
48	XPT	911.40000	912.85000	912.85000	911.40000	08:53 PM
49	XPD	972.75000	982.75000	982.75000	972.75000	08:53 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	63,915.0	64,650.0	62,770.0	35.00
BRENT CRUDE	EB	87.8	88.5	87.3	-0.25
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	82.4	83.3	82.0	-0.37
SUGAR #11 WORLD	SB	19.4	19.7	19.0	-0.37

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