Hino Pak Motors announced its financial results for the quarter ended June 30, 2017
The company’s Sales increased by 10percent in the outgoing year, whereas the profit for the period increased 419percent in comparison to previous year.
The board has not recommended any dividend, cash or otherwise.
Comparison of Key Financials:
For the Quarter Ended | |||
Key Financials | June 30, 2017 | June 30, 2016 | % Change |
Sales | 6,142,169.00 | 5,606,252.00 | 10% |
Cost of Sales | 5,320,652.00 | 5,007,521.00 | 6% |
Gross Profit | 821,517.00 | 598,731.00 | 37% |
Distribution Cost | 90,629.00 | 85,536.00 | 6% |
Administration Expenses | 96,047.00 | 94,903.00 | 1% |
Other Income | 43,530.00 | 75,544.00 | -42% |
Other Expenses | 45,515.00 | 15,398.00 | 196% |
Profit from operations | 632,856.00 | 478,438.00 | 32% |
Finance (cost)/Income | 14,366.00 | 299,675.00 | -95% |
Profit before Taxation | 618,490.00 | 178,763.00 | 246% |
Taxation | 236,618.00 | 105,224.00 | 125% |
Profit After Taxation | 381,872.00 | 73,539.00 | 419% |
Earnings per share – basic and diluted | 30.79 | 5.93 | 419% |
Rupees in ‘000
The complete statements can be accessed here.
