October 4, 2022 (MLN): Ghandhara Industries Limited (GHNI) announced results for FY22, wherein the company’s profit was up by 20.57% to Rs729 million against Rs604mn in the corresponding period last year, the company’s stock filings on the stock exchange showed.

The company’s earnings per share clocked in at Rs17.10 from Rs14.18 in FY21.

GHNI’s topline increased by 61.77%YoY to Rs24.26 billion against Rs15bn in FY21.

In FY22, the company’s gross profit increased by 42.53% to Rs2.96bn against Rs2.08bn in FY22.

The company’s profit before taxation increased by 54.57% to Rs1.14bn against Rs738mn in FY21, this year company’s cost of sales increased by 64.86% and taxation by 208.04%.

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Posted on: 2022-10-04T16:40:20+05:00

News Id :35355