Half Yearly Profits for Engro PowerGen Qadirpur increase by 3%

News Image

MG News | August 08, 2018 at 01:35 PM GMT+05:00

0:00

Engro PowerGen Qadirpur issued a report of their financial earnings for the Half Year ended on June 30th 2018. The earnings were finalized in a Board of Director’s meeting held on August 8th 2018.

Accroding to the report, as compared to the half year ending on June 30th 2017, the company’s Sales dropped by around 2%, yet the Gross Profits increase by 7%.

EPQL reduced their Other Expenses largely, by 78%, but Other income also suffered a drop of 99%.

An additional reduction in finance cost, of around 25% lead the company to have an overall increase in profit of 3%.

Earnings per share (basic and diluted) are reports to have increased from Rs.4.77 per share last year to Rs.4.91 per share this year, showing an increase of 2.94%

 

Financial Earnings for the Half Year Ended June 30th 2018 (Rupees)

 

Jun-18

Jun-17

% Change

Sales

                       6,032,422

                       6,151,505

-1.94%

Cost of Sales

                     (4,239,735)

                     (4,469,508)

-5.14%

Gross Profit

                       1,792,687

                       1,681,997

6.58%

Administrative Expenses

                           (94,176)

                           (96,465)

-2.37%

Other Expenses

                                 (407)

                             (1,875)

-78.29%

Other Income

                               1,129

                           110,028

-98.97%

Profit from Operations

                       1,699,233

                       1,693,685

0.33%

Finance Cost

                        (109,409)

                        (147,471)

-25.81%

Workers' profits participation fund and Workers' Welfare Fund

                                      -   

                                      -  

 

Profit before Taxation

                       1,589,824

                       1,546,214

2.82%

Taxation

                                 (190)

                                 (276)

-31.16%

Profit for the Period

                       1,589,634

                       1,545,938

2.83%

Earnings per share - basic and diluted

                                  4.91

                                  4.77

2.94%

 

 

 

 

 

 

Related News

Name Price/Vol %Chg/NChg
KSE100 171,073.73
239.25M
-0.08%
-130.44
ALLSHR 103,120.18
648.63M
-0.20%
-206.29
KSE30 52,237.50
75.59M
-0.16%
-86.08
KMI30 243,705.75
64.55M
-0.42%
-1027.98
KMIALLSHR 66,920.67
287.33M
-0.36%
-243.91
BKTi 47,435.09
35.67M
0.57%
269.64
OGTi 33,136.01
4.63M
-0.58%
-193.65
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 87,345.00 88,980.00
86,580.00
-1045.00
-1.18%
BRENT CRUDE 61.90 62.29
61.72
-0.17
-0.27%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
2.30
2.59%
ROTTERDAM COAL MONTHLY 96.65 96.65
96.65
0.25
0.26%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 57.90 58.23
57.74
-0.11
-0.19%
SUGAR #11 WORLD 15.15 15.17
14.96
0.16
1.07%

Chart of the Day


Latest News
December 23, 2025 at 08:26 PM GMT+05:00

Arif Habib wins PIAC auction with Rs135bn bid


December 23, 2025 at 05:09 PM GMT+05:00

Pakistan, UAE agree to expand trade, investment cooperation


December 23, 2025 at 04:53 PM GMT+05:00

PSX to remain closed on December 25



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg