Ferozsons' bottom-line earnings lift up by 49%
MG News | April 17, 2019 at 04:21 PM GMT+05:00
April 17, 2019 (MLN): Ferozsons laboratories Limited has reported bottom-line earnings of over Rs. 154 million (EPS: Rs. 5.12) for the nine months ended March 31, 2019, i.e. around 49% higher than the net earnings of the same period last year.
The company mainly benefited from a massive decline in tax payments by 33% and a decline in cost of sales by around 3%, which led to an increase in companies profits.
While major expense heads such as administrative expenses, distribution expenses, finance cost and other expenses increased by a fair margin, the overall impact on the company’s ultimate earnings was still impressive.
| Profit and Loss Account for the nine months ended March 31st 2019 (Rupees) | |||
|---|---|---|---|
|
| Mar-19 | Mar-18 | % Change |
| Sales | 3,583,420,213 | 3,384,337,118 | 5.88% |
| Cost of Sales | (2,133,205,241) | (2,196,149,013) | -2.87% |
| Gross Profit | 1,450,214,972 | 1,188,188,105 | 22.05% |
| Administrative Expenses | (254,753,550) | (227,480,447) | 11.99% |
| Selling and distribution expenses | (941,780,059) | (779,954,450) | 20.75% |
| Other Expenses | (65,619,640) | (42,417,039) | 54.70% |
| Other Income | 64,718,795 | 95,953,950 | -32.55% |
| Profit from Operations | 252,780,518 | 234,290,119 | 7.89% |
| Finance Cost | (17,423,336) | (9,115,711) | 91.14% |
| Profit before Taxation | 235,357,182 | 225,174,408 | 4.52% |
| Taxation | (80,656,268) | (121,464,154) | -33.60% |
| Profit for the Period | 154,700,914 | 103,710,254 | 49.17% |
| Earnings per share - Basic and Diluted | 5.12 | 3.44 | 48.84% |
Copyright Mettis Link News
Related News
.jpg_20260518072829586_0dfc29.jpeg?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 161,805.02 195.97M | -2.29% -3791.05 |
| ALLSHR | 97,831.99 495.75M | -2.19% -2185.72 |
| KSE30 | 48,340.67 77.02M | -2.27% -1124.26 |
| KMI30 | 232,680.60 78.39M | -2.62% -6271.80 |
| KMIALLSHR | 63,675.05 227.49M | -2.51% -1639.11 |
| BKTi | 43,875.66 32.84M | -2.04% -913.32 |
| OGTi | 33,979.39 8.60M | -3.21% -1127.70 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 77,165.00 | 77,425.00 76,940.00 | 270.00 0.35% |
| BRENT CRUDE | 109.20 | 109.53 109.01 | -2.90 -2.59% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -7.25 -6.18% |
| ROTTERDAM COAL MONTHLY | 110.50 | 110.65 110.10 | 1.30 1.19% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 102.43 | 102.75 102.12 | -1.95 -1.87% |
| SUGAR #11 WORLD | 14.71 | 14.95 14.57 | -0.09 -0.61% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|