Hi-Tech Lubricants Ltd. earnings per share stand at Rs. 1.02 vs. 0.98 of FY ‘16

MG News | October 23, 2017 at 11:51 AM GMT+05:00

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Hi-Tech Lubricants Ltd. Net Sales for the period increased by 30%, amounting to a total of 2.03 billion rupees during the quarter ended September, 30^th 2017
Company’s Gross Profit increased by 2.20%
Company’s finance costs increased by 352.2% to 17 million
The Profit after tax for the period increased 4% reaching 117 million compared to same period last year’s profit of 113 million rupees.
The company’s earnings per share reached 1.02 Rupees, down by 4%

Comparison of Key Financials
Unconsolidated Profit and Loss Account - For the Quarter Ended, September 30^th 2017
Key Financials	2017	2016	% Change
	Amounts in PKR
Sales - net	2,244,982,470	1,890,752,833	18.73%
Sales Tax	208,082,831	322,104,314	-35.40%
Net Sales	2,036,899,639	1,568,648,519	29.85%
Cost of Sales	1,616,508,481	1,157,298,873	39.68%
Gross Profit	420,391,158	411,349,646	2.20%
Distribution Cost	154,199,730	180,228,910	-14.44%
Administrative Expenses	83,947,419	65,305,492	28.55%
Operating Profit	189,828,995	182,548,232	3.99%
Finance Cost	17,227,776	3,809,703	352.21%
Profit before Taxation	172,601,219	178,738,529	-3.43%
Taxation	54,604,018	65,144,026	-16.18%
PAT	117,997,201	113,594,503	3.88%
EPS	1.02	0.98	4.08%

Company release on Earnings Report can be accessed here.

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