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
- 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
| 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.
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