HinoPak reports EPS of 30.79 for quarter ended June 30, 2017

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.

Posted on: 2017-07-26T13:19:00+05:00