Kohat Cement Co. Ltd. profit for Q1FY18 falls 9% to Rs. 903 million

  • 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
Comparison of Key Financials

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.

Posted on: 2017-10-25T14:49:00+05:00