Kohat Cement Co. Ltd. profit for Q1FY18 falls 9% to Rs. 903 million
MG News | October 25, 2017 at 02:49 PM GMT+05:00
- Kohat Cement Co. Ltd. Net Sales for the period increased by 7.00% clocking in at 3.41 billion against last year’s net sales of 3.19 billion
- Company’s finance costs fell by 29%, to 16.8 million
- Bottom line profits reached 903 million down 9% against 991 million last year
- Company’s earnings per share clocked in at 5.85 vs 6.42 during FY ‘16
| Unconsolidated Profit and Loss Account - For the Nine Months Ended, September 30th 2017 | |||
|---|---|---|---|
| Key Financials | 2017 | 2016 | % Change |
| Amounts in PKR ‘000 | |||
| Sales - net | 3,417,430,370 | 3,193,907,277 | 7.00% |
| CoGS | 2,065,370,367 | 1,659,509,823 | 24.46% |
| Gross Profit | 1,352,060,003 | 1,534,397,454 | -11.88% |
| Selling and Distribution Expenses | 30,439,017 | 31,430,655 | -3.16% |
| Admin: and General Expenses | 42,550,221 | 40,328,980 | 5.51% |
| Other Operating Income | 88,324,418 | 103,100,957 | -14.33% |
| Other Operating charges | 101,828,275 | 105,292,100 | -3.29% |
| Operating Profit | 1,265,566,908 | 1,460,446,676 | -13.34% |
| Finance Cost | 16,868,831 | 23,754,033 | -28.99% |
| Profit before Taxation | 1,248,698,077 | 1,436,692,643 | -13.09% |
| Taxation | 345,565,492 | 444,929,558 | -22.33% |
| Profit after Taxation | 903,132,585 | 991,763,085 | -8.94% |
| EPS - basic & diluted | 5.85 | 6.42 | -8.88% |
Company release on Earnings Report can be accessed here.
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