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

  • 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, 30th 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 30th 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.

Posted on: 2017-10-23T11:51:00+05:00