International Industries declares bottom-line earnings of Rs 3.2 billion

12:19
August 21, 2019
MG

August 21, 2019 (MLN): International Industries Limited’s profits for the year ended June 30, 2019 amounted to Rs. 3.2 billion (EPS: Rs. 18.26), i.e. nearly 37% less than the figures recorded in last year.

The company suffered mainly at the hands of cost of sales, which increased by 18% during the year.

However, the company gained some respite via increase in non-core income by 82%.

A final Cash Dividend was also announced at Rs.3 per share i.e. 30%. This is in addition to Interim Dividend already paid at Rs. 2.5 per share i.e. 25%.

Profit and loss account for the year ended June 30, 2019 (Rupees'000)
	June, 2019	June, 2018	% Change
Net sales	75,387,444	67,002,967	12.51%
Cost of sales	-66,300,102	-56,182,828	18.01%
Gross profit	9,087,342	10,820,139	-16.01%
Selling and distribution expenses	-1,628,463	-1,601,936	1.66%
Administrative expenses	-605,104	-596,574	1.43%
Impairment (loss)/ reversal on trade debts	-5,618	10,930
Finance cost	-2,213,650	-980,924	125.67%
Other operating charges	-632,165	-834,132	-24.21%
Other income	617,688	337,952	82.77%
Share of profit in equity accounted investee	49,906	41,931	19.02%
Profit before taxation	4,669,936	7,197,386	-35.12%
Taxation	-1,381,044	-1,928,980	-28.41%
Profit after taxation for the year	3,288,892	5,268,406	-37.57%
Earnings per share – basic and diluted	18.26	28.75	-36.49%

Copyright Mettis Link News

Posted on: 2019-08-21T17:19:00+05:00

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PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.36000	278.56000	278.56000	278.36000	02:27 PM
2	EUR	1.06626	1.06632	1.06632	1.06631	05:28 AM
3	GBP	1.23607	1.23611	1.23611	1.23607	05:28 AM
4	CHF	0.91170	0.91182	0.91182	0.91170	05:28 AM
5	JPY	154.82500	154.83100	154.83100	154.82500	05:28 AM
6	CAD	1.37112	1.37118	1.37118	1.37112	05:28 AM
7	AUD	0.64452	0.64454	0.64454	0.64452	05:28 AM
8	INR	83.34050	83.34350	83.34350	83.34050	05:28 AM
9	SAR	3.75080	3.75100	3.75100	3.75080	02:27 PM
10	AED	3.67260	3.67290	3.67290	3.67260	02:27 PM
11	HKD	7.83655	7.83680	7.83680	7.83655	05:28 AM
12	CNH	7.26072	7.26132	7.26117	7.26105	05:28 AM
13	CNY	7.24300	7.24400	7.24400	7.24300	11:17 PM
14	THB	37.04900	37.07600	37.07600	37.04900	05:28 AM
15	MYR	4.77500	4.78000	4.78000	4.77500	04:41 AM
16	IDR	16,218.10000	16,222.80000	16,222.80000	16,218.10000	05:28 AM
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18	NZD	0.59060	0.59065	0.59065	0.59060	05:28 AM
19	MXN	17.11050	17.11550	17.11550	17.11050	05:28 AM
20	TRY	32.58480	32.59480	32.59480	32.58480	05:28 AM
21	SEK	10.88630	10.88890	10.88895	10.88631	05:28 AM
22	ZAR	19.25360	19.25960	19.25960	19.25360	05:28 AM
23	NOK	11.00290	11.00490	11.00487	11.00287	05:28 AM
24	DKK	6.99645	6.99709	6.99709	6.99645	05:28 AM
25	ARS	872.24900	872.25900	872.25910	872.24910	05:27 AM
26	BDT	107.97600	111.35300	111.35348	107.97600	09:00 PM
27	BHD	0.37698	0.37705	0.37705	0.37698	02:27 PM
28	BRL	5.16470	5.16770	5.16770	5.16470	05:26 AM
29	KRW	1,378.10000	1,378.57000	1,378.57000	1,378.10000	05:28 AM
30	KWD	0.30804	0.30828	0.30828	0.30804	02:27 PM
31	LKR	296.93000	303.49700	303.49713	296.92975	09:00 PM
32	OMR	0.38498	0.38502	0.38502	0.38498	02:27 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	02:27 PM
34	RUB	93.02000	93.04000	93.04000	93.02000	08:00 PM
35	AFN	71.19470	73.07100	73.07097	71.19471	09:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	07:03 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
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40	PHP	57.55400	57.58400	57.58400	57.55400	05:28 AM
42	NGN	1,256.46000	1,257.46000	1,257.46000	1,256.46000	04:52 AM
43	KES	133.00000	135.00000	135.00000	133.00000	04:42 AM
44	AMD	364.10500	420.39600	420.39591	364.10545	09:00 PM
45	TWD	32.59500	32.60100	32.60100	32.59500	05:28 AM
46	XAU	2,294.09000	2,294.50000	2,294.50000	2,294.09000	05:28 AM
47	XAG	26.71720	26.72780	26.72780	26.71720	05:28 AM
48	XPT	912.05000	913.55000	913.00000	912.05000	02:27 PM
49	XPD	996.00000	1,001.00000	1,000.50000	996.00000	02:27 PM
2,120	VES	36.26120	36.34220	36.34216	36.26125	08:00 PM
2,212	UGX	3,769.64000	3,854.07000	3,854.07431	3,769.63744	09:00 PM
2,213	TZS	2,584.99000	2,585.01000	2,585.01500	2,584.98500	05:06 AM

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Name	High	Current	Low	Change	% Change	Volume	Value	Direction	DateTime
KSE100	71,846.64	71,608.740	71,344.61	175.279	0.245	314,535,630.0	12,396,184,463.740	1	23/04/2024 02:44 PM
ALLSHR	47,130.64	46,988.531	46,836.87	23.876	0.051	545,952,045.0	20,159,656,432.790	-1	23/04/2024 02:44 PM
KSE30	23,685.35	23,628.842	23,534.69	62.487	0.265	90,898,466.0	7,515,694,174.060	1	23/04/2024 02:44 PM
KMI30	120,645.96	120,027.046	119,690.70	429.029	0.359	146,663,497.0	7,391,915,771.130	1	23/04/2024 02:44 PM
KMIALLSHR	33,523.95	33,438.492	33,328.93	72.916	0.219	427,126,173.0	16,139,558,087.630	-1	23/04/2024 02:44 PM
BKTi	17,962.81	17,892.293	17,760.93	-23.403	-0.131	19,854,368.0	2,129,544,386.680	0	23/04/2024 02:44 PM
OGTi	17,099.54	16,915.375	16,860.51	-4.214	-0.025	4,773,722.0	734,362,492.880	0	23/04/2024 02:44 PM

Data is delayed by 20 minutes

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Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	66,250.0	67,340.0	65,975.0	-360.00
BRENT CRUDE	EB	87.4	88.2	87.0	0.41
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-3.00
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	1.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.2	83.0	81.9	0.32
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