Fecto Cement Ltd. announces Financial Results for the half year ending 31st December, 2017
MG News | February 22, 2018 at 04:21 PM GMT+05:00
Fecto Cement Ltd. announced financial results for the half year ending December 31st, 2017. The company reported Net Sales worth Rs. 2.47 billion during the half year against Rs. 2.765 billion same period last year; down 10.68% from last year.
Fecto Cement Ltd. reported bottom-line profits worth Rs. 227.730 million with an EPS of 4.54/share.
| Unconsolidated Profit and Loss Account - For the Half Year Ended, December 31st 2017 | |||
|---|---|---|---|
| Key Financials | 2017 | 2016 | % Change |
| Amounts in PKR ‘000 | |||
| Net Sales | 2,470,322 | 2,765,583 | -10.68% |
| Gross Profit | 522,806 | 890,958 | -41.32% |
| Profit before Taxation | 293,981 | 627,918 | -53.18% |
| Profit after Taxation | 227,730 | 449,619 | -49.35% |
| EPS - Basic and diluted | 4.54 | 8.96 | -49.33% |
The company release on the financial results can be accessed here.
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