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.