Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Indus Dyeing & Manufacturing Co. Ltd. Earnings per share stand at Rs. 37.95 vs. Rs. 5.08 of FY16

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  • IDYM sales for the period increased by 9.13%, clocking in at Rs. 19.75 billion against 18.10 billion previous
  • Company’s Other Income witnessed a significant increase of 572% during the reported period
  • Company’s Profit for the period increased by 646% during the period, reaching 685.8 million up from 91.87 million
  • IDYM declared a dividend of Rs. 13 per share i.e. at the rate of 130% after Board’s approval

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Year Ended

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Net Sales

19,757,064

18,103,777

9.13%

CoGS

18,033,370

16,974,823

6.24%

Gross Profit

1,723,694

1,128,954

52.68%

Other Income

48,817

7,263

572.13%

Distribution Cost

323,853

361,677

-10.46%

Administrative Expenses

233,651

224,008

4.30%

Other Operating Expenses

74,732

29,785

150.90%

Finance Cost

177,441

251,854

-29.55%

Profit before Tax

962,934

268,893

258.11%

Taxation

277,099

177,022

56.53%

Profit for the year

685,832

91,871

646.52%

EPS – Basic & diluted

37.95

5.08

647.05%

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-06T13:08:00+05:00