Khairpur Sugar Mills overcomes losses via improved top-line earnings

06:02
December 27, 2018
MG

December 27, 2018 (MLN): Khairpur Sugar Mills Limited has stated bottom-line earnings of Rs. 22.3 million for the year ended September 30, 2018, diverging from losses made last year. This leap in earnings can be attributed to the substantial rise in the company’s core and non-core income.

The company witnessed a significant growth in its sales revenue by 44.46% as compared to last year. Even though the company’s cost of sales rose enough to pull down the gross profit by 78%, it was the increase in non-core income by Rs. 490 million which ultimately led to conversion of company’s losses into profits.

Profit and loss account for the year ended September 30th 2018 (Rupees'000)
	Sep-18	Sep-17	% Change
Sales – net	4,237,317	2,933,180	44.46%
Cost of sales	-4,195,459	-2,739,274	53.16%
Gross profit	41,858	193,906	-78.41%
Administrative expenses	-185,162	-130,085	42.34%
Distribution cost	-77,714	-16,956	358.33%
Other incomes	502,596	11,932	4112.17%
Other operating expenses	-10,267	-300	3322.33%
Operating profit	271,311	58,497	363.80%
Finance cost	-179,351	-169,237	5.98%
(Loss) / Profit before taxation	91,960	-110,740
Taxation	-69,660	17,248
(Loss) / Profit after taxation	22300	-93492
(Loss) / Earning per share – basic and diluted	1.39	-5.84

Copyright Mettis Link News

Posted on: 2018-12-27T11:02:00+05:00

25009

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.60000	278.80000	278.80000	278.60000	01:02 PM
2	EUR	1.06860	1.06890	1.06890	1.06860	11:47 AM
3	GBP	1.24687	1.24696	1.24696	1.24687	11:47 AM
4	CHF	0.91435	0.91446	0.91446	0.91435	11:47 AM
5	JPY	157.43900	157.45300	157.45300	157.43900	11:47 AM
6	CAD	1.36819	1.36825	1.36825	1.36819	11:47 AM
7	AUD	0.65266	0.65270	0.65270	0.65266	11:47 AM
8	INR	83.38660	83.38920	83.38920	83.38660	11:47 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	08:47 PM
10	AED	3.67280	3.67300	3.67300	3.67280	08:47 PM
11	HKD	7.82810	7.82851	7.82851	7.82810	11:47 AM
12	CNH	7.26646	7.26706	7.26706	7.26646	11:47 AM
13	CNY	7.23930	7.24050	7.24050	7.23930	11:15 PM
14	THB	36.96000	36.98000	36.98000	36.96000	11:47 AM
15	MYR	4.76500	4.77000	4.77000	4.76500	04:58 AM
16	IDR	16,219.50000	16,221.90000	16,221.90000	16,219.50000	11:47 AM
17	SGD	1.36214	1.36225	1.36225	1.36214	11:47 AM
18	NZD	0.59373	0.59379	0.59379	0.59373	11:47 AM
19	MXN	17.15310	17.15810	17.15809	17.15309	11:47 AM
20	TRY	32.46280	32.47140	32.47142	32.46279	11:47 AM
21	SEK	10.94440	10.94830	10.94832	10.94441	11:47 AM
22	ZAR	18.79980	18.81030	18.81030	18.79980	11:47 AM
23	NOK	11.03170	11.03790	11.03788	11.03169	11:47 AM
24	DKK	6.97770	6.97822	6.97822	6.97770	11:47 AM
25	ARS	874.76100	874.77100	874.77140	874.76140	11:47 AM
26	BDT	108.01100	111.36500	111.36523	108.01142	07:19 AM
27	BHD	0.37698	0.37713	0.37713	0.37698	06:54 PM
28	BRL	5.11970	5.12270	5.12270	5.11970	11:47 AM
29	KRW	1,376.23000	1,376.84000	1,376.84000	1,376.23000	11:47 AM
30	KWD	0.30764	0.30824	0.30824	0.30764	08:47 PM
31	LKR	292.57900	299.10100	299.10051	292.57908	07:19 AM
32	OMR	0.38494	0.38509	0.38509	0.38494	06:55 PM
33	QAR	3.64600	3.64800	3.64800	3.64600	08:46 PM
34	RUB	92.27000	92.29000	92.29000	92.27000	08:00 PM
35	AFN	71.15810	73.02130	73.02133	71.15807	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:54 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
39	UZS	12,600.10000	12,665.30000	12,665.30340	12,600.09037	07:19 AM
40	PHP	57.68400	57.74000	57.74000	57.68400	11:47 AM
42	NGN	1,305.72000	1,306.72000	1,306.72000	1,305.72000	07:26 AM
43	KES	134.00000	136.00000	136.00000	134.00000	08:19 AM
44	AMD	388.08000	388.08000	388.08000	388.08000	08:16 AM
45	TWD	32.58330	32.61330	32.61330	32.58330	11:47 AM
46	XAU	2,336.90000	2,337.29000	2,337.29000	2,336.90000	11:47 AM
47	XAG	27.25120	27.26080	27.26080	27.25120	11:47 AM
48	XPT	911.41400	919.41400	919.41370	911.41430	08:47 PM
49	XPD	958.95300	965.83700	965.83660	958.95330	08:47 PM
2,120	VES	36.33200	36.42320	36.42315	36.33204	08:00 PM
2,212	UGX	3,770.25000	3,854.09000	3,854.09049	3,770.24515	07:19 AM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	06:47 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,862.41	72,742.748	71,764.18	771.347	1.072	302,352,233.0	14,307,377,262.460	26/04/2024 05:12 PM
ALLSHR	47,721.89	47,489.465	47,040.09	314.510	0.667	540,778,150.0	22,562,380,076.020	26/04/2024 05:12 PM
KSE30	24,069.72	24,033.869	23,676.59	284.824	1.199	79,764,833.0	9,454,683,795.040	26/04/2024 05:12 PM
KMI30	122,624.63	122,414.850	120,539.93	1,511.894	1.251	130,473,781.0	8,715,975,575.960	26/04/2024 05:12 PM
KMIALLSHR	34,120.82	34,003.274	33,623.23	303.834	0.902	336,036,323.0	17,261,793,362.150	26/04/2024 05:12 PM
BKTi	18,098.00	18,061.700	17,783.46	189.341	1.059	12,829,416.0	1,502,941,695.300	26/04/2024 05:12 PM
OGTi	17,165.47	17,018.023	16,915.39	-13.038	-0.077	13,158,963.0	1,843,356,910.500	26/04/2024 05:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	63,775.0	65,395.0	63,775.0	-1,495.00
BRENT CRUDE	EB	89.5	89.8	88.8	0.48
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-0.70
ROTTERDAM COAL MONTHLY	ET	117.5	117.5	117.5	-1.05
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	84.0	84.5	83.4	0.44
SUGAR #11 WORLD	SB	19.3	19.6	19.0	0.15

To see more commodities please register for our portal

Top 5 things to watch in this week

Charts

KSE100 (Last)

KSE100 (Volume)

KSE100 (Last)

KSE100 (Volume)

MPS Preview: High for Longer

Trending :

Khairpur Sugar Mills overcomes losses via improved top-line earnings

Top 5 things to watch in this week

Charts

Stay Connected

Read Next

CCP approves SSGC-Itron tech transfer deal with conditions

RDA attracts $182m in March 2024

Petrol price likely to fall by Rs3.75 in May

SECP pushes for IFRS 17 implementation, modernizing insurance reporting