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

MG News | October 30, 2017 at 04:20 PM GMT+05:00

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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, 30^th 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 30^th 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.

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,140.00	119,450.00 115,635.00	4270.00 3.75%
BRENT CRUDE	70.63	70.71 68.55	1.99 2.90%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	1.10 1.14%
ROTTERDAM COAL MONTHLY	108.75	108.75 108.75	0.40 0.37%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.75	68.77 66.50	2.18 3.27%
SUGAR #11 WORLD	16.56	16.60 16.20	0.30 1.85%