Fauji Cement Company Ltd. profit for 1QFY17 falls 27.06% to Rs. 444 million

  • Fauji Cement Company Ltd. Net Turnover for the period increased by 9.16%, amounting to a total of 4.79 billion Rupees during the Quarter ended September, 30th 2017
  • Company’s Distribution Costs increased by 18.38 amounting to a total of 40.35 million
  • The Profit after tax for the period decreased 27.06% reaching 444.12 million compared to same quarter last year’s profit of 608.91 million rupees
  • The company’s earnings per share reached 0.32 per share down by 27.27% from last year’s 1Q EPS of 0.44
Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR

Turnover – net

4,793,942

4,391,569

9.16%

Cost of sales

4,001,168

3,344,653

19.63%

Gross profit

792,774

1,046,916

-24.28%

Distribution cost

40,355

34,089

18.38%

Administrative expenses

74,161

77,761

-4.63%

Other operating expenses

45,183

61,247

-26.23%

Finance cost

31,856

77,713

-59.01%

Other income

11,973

35,101

-65.89%

Profit before taxation

613,192

831,207

-26.23%

Taxation

169,066

222,294

-23.94%

Profit for the period

444,126

608,913

-27.06%

EPS – Basic & diluted

0.32

0.44

-27.27%

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-30T16:20:00+05:00