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Khyber Tobacco profits rise 134 percent to Rs. 185.541 million

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Khyber Tobacco today released financial statements for the half year ending December, 31st 2017. The company reported net sales worth Rupees 687.748 million whereas reporting a total of 185.541 million worth of profits for the period.

The company during the period reported a 243 percent increase in Distribution Costs, reporting a 54.4 percent increase in Administrative Expenses and a 122.6 percent increase in Other Operating Expenses.

Khyber Tobacco Management reported profit after taxation at Rupees 185.541 million rising by more than 134.37 percent against last year’s profit of Rupees 79.164 million.

The management reported earnings per share of Rupees 38.6 per share against last year’s Rupees 16.47 per share.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Half Year Ended, December 30th 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR

Net Turnover

687,748,432

422,326,190

62.85%

Cost of Sales

345,908,780

255,927,216

35.16%

Gross Profit

341,839,652

166,398,974

105.43%

Distribution Costs

5,055,475

1,473,290

243.14%

Administrative Expenses

62,005,316

40,155,198

54.41%

Other Operating Expenses

19,634,543

8,820,720

122.60%

Finance Cost

423,036

233,098

81.48%

Other Income

10,202,775

 

 

Profit before Taxation

264,924,057

115,716,668

128.94%

Income Tax Expenses

79,382,914

36,552,300

117.18%

Profit after Taxation

185,541,143

79,164,368

134.37%

EPS – Basic and diluted

38.60

16.47

134.37%

Company release on Earnings Report can be accessed here.

Posted on: 2018-03-01T10:59:00+05:00