Kohinoor Energy reports 58% decline in profit for nine months
By MG News | April 23, 2025 at 03:02 PM GMT+05:00
April 23, 2025 (MLN): Kohinoor Energy Limited (PSX: KOHE) reported a profit of Rs505 million for the nine months ending March 31, 2025, a 58% decrease compared to Rs1.20 billion recorded in the same period last year.
Net sales for the period dropped sharply by 62% to Rs 2.95bn, down from Rs 7.74bn in the corresponding period of 2024.
The reduction in sales was mirrored by a 69% decrease in the cost of sales, which amounted to Rs1.86bn, leading to a gross profit of Rs1.09bn, a 35% decline from the Rs1.69bn recorded last year.
Administrative and general expenses climbed to Rs311m, representing a 15% increase, while finance costs surged to Rs305m, a 34% rise compared to last year.
Meanwhile, the company experienced a 543% spike in taxation, which increased to Rs9m.
|
Condensed Consolidated Interim Statement of Profit/Loss for nine months ended on March 31, 2025 (Rs in '000) |
|||
|
Mar-25 |
Mar-24 |
Change in % |
|
|
Sales |
2,952,836 |
7,743,197 |
-61.86% |
|
Cost of Sales |
(1,858,824) |
(6,053,241) |
-69.29% |
|
Gross Profit |
1,094,012 |
1,689,956 |
-35.26% |
|
Administration & General Expenses |
(310,979) |
(271,125) |
14.69% |
|
Other Operating Income |
36,240 |
9,234 |
292.46% |
|
Profit from Operations |
819,273 |
1,428,065 |
-42.63% |
|
Finance Costs |
(305,188) |
(227,446) |
34.18% |
|
Profit Before Tax |
514,085 |
1,200,619 |
-57.18% |
|
Taxation |
(9,229) |
(1,435) |
543.13% |
|
Profit for the Period |
504,856 |
1,199,184 |
-57.9% |
|
Earnings Per Share (Basic and Diluted) |
2.98 |
7.08 |
-57.9% |
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 130,686.66 280.01M |
0.26% 342.63 |
| ALLSHR | 81,305.25 897.01M |
0.35% 281.26 |
| KSE30 | 39,945.45 114.02M |
0.09% 37.19 |
| KMI30 | 190,698.05 148.61M |
0.61% 1163.05 |
| KMIALLSHR | 55,074.15 495.43M |
0.53% 290.50 |
| BKTi | 34,568.40 28.73M |
-1.07% -372.33 |
| OGTi | 28,739.35 22.59M |
1.57% 443.29 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 110,140.00 | 110,525.00 110,055.00 |
-275.00 -0.25% |
| BRENT CRUDE | 68.82 | 68.89 68.73 |
0.02 0.03% |
| RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
-0.75 -0.76% |
| ROTTERDAM COAL MONTHLY | 108.45 | 109.80 108.45 |
-0.55 -0.50% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
| CRUDE OIL - WTI | 67.09 | 67.18 66.99 |
0.09 0.13% |
| SUGAR #11 WORLD | 16.37 | 16.40 15.44 |
0.79 5.07% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Trade Balance
CPI
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|