Feroze 1888 Mills Net Sales for the period increased by 9.07%, amounting to a total of 5.22 billion Rupees during the Quarter ended September, 30th 2017
Company’s Gross Profit for the quarter decreased by 5.89% from 965 million to 908 million rupees
The Profit after tax for the period decreased 20.49% reaching 432 million compared to profit of 543.66 million rupees during the same period last year
The company’s earnings per share reached 1.15 rupees per share from last year’s quarterly EPS of 1.44 per share
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017
Key Financials
2017
2016
% Change
Amounts in PKR ‘000
Sales – net
5,223,837
4,761,029
9.72%
Cost of sales
4,315,281
3,795,610
13.69%
Gross profit
908,556
965,419
-5.89%
Administrative expenses
213,521
185,302
15.23%
Distribution costs
143,691
121,519
18.25%
Other operating costs
60,553
38,242
58.34%
Operating profits
490,791
620,356
-20.89%
Finance costs
22,582
22,788
-0.90%
Profit before Taxation
468,209
597,568
-21.65%
Taxation
35,962
53,904
-33.29%
Profit after Taxation
432,247
543,664
-20.49%
EPS – Basic and diluted
1.15
1.44
-20.14%
Company release on Earnings Report can be accessed here.
