International Industries Net Sales for the period increased by 57%, amounting to a total of 14.2 billion Rupees during the Quarter ended September, 30th 2017
Company’s Gross Profit increased by 38%
The Profit after tax for the period increased 30% reaching 1.06 billion compared to same period last year’s profit of 772 million Rupees.
The company’s earnings per share reached 5.5 Rupees/Share
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017
Key Financials
2017
2016
% Change
Amounts in PKR ‘000
Net Sales
14,203,309
9,057,730
56.81%
Cost of Sales
11,937,559
7,417,002
60.95%
Gross Profit
2,265,750
1,640,728
38.09%
Selling and Distribution Expenses
355,349
233,641
52.09%
Administrative Expenses
124,124
109,812
13.03%
Financial Charges
238,165
173,237
37.48%
Profit before Taxation
1,484,855
1,083,137
37.09%
Taxation
478,378
310,859
53.89%
Profit after Taxation
1,006,477
772,278
30.33%
EPS – Basic & diluted
5.50
4.40
25.00%
Company release on Earnings Report can be accessed here.
