Lalpir Power’s half yearly profits reduce by 4.4%

08:33
August 20, 2018
MG

Lalpir Power Limited reported 4.4% reduction in semiannual profits, as profits reduced from Rs.627.2 million to Rs.599.4 million.

The financial earnings for the half year ended on June 30^th 2018 were reviewed during the company’s Board of Directors meeting held on August 20, 2018.

As compared to the half year ended on June 30^th 2017, the company’s Revenue reduced by 16% while the cost of sales reduced by a larger margin of 18%, thus the Gross profits grew by 1.5%.

Lalpir also bore higher administrative expenses and finance cost, thus leading to a drop in overall profits.

Furthermore, Lalpir’s Earnings per share (basic and diluted) were reported at Rs.1.58 per share, down from Rs.1.65 per share.

Financial Results for the half year ended June 30th 2018 ('000 Rupees)
	Jun-18	Jun-17	% Change
Revenue	8,795,558	10,470,415	-16.00%
Cost of Sales	(7,717,091)	(9,408,347)	-17.98%
Gross profit	1,078,467	1,062,068	1.54%
Administrative expenses	(112,576)	(84,933)	32.55%
Other expenses	(1,952)	(8,135)	-76.00%
Other income	31,885	28,963	10.09%
Profit from operations	995,824	997,963	-0.21%
Finance cost	(396,393)	(370,757)	6.91%
Profit before taxation	599,431	627,206	-4.43%
Taxation	–	–
Profit after taxation	599,431	627,206	-4.43%
Earnings per share – basic and diluted (Rupees)	1.58	1.65	-4.24%

Posted on: 2018-08-20T13:33:00+05:00

22709

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PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.30000	278.60000	278.60000	278.30000	03:06 PM
2	EUR	1.06269	1.06271	1.06271	1.06269	06:41 AM
3	GBP	1.24455	1.24459	1.24459	1.24455	06:41 AM
4	CHF	0.91308	0.91315	0.91315	0.91308	06:41 AM
5	JPY	154.57300	154.57800	154.57800	154.57300	06:41 AM
6	CAD	1.37964	1.37969	1.37969	1.37964	06:41 AM
7	AUD	0.64115	0.64119	0.64119	0.64115	06:41 AM
8	INR	83.61190	83.61790	83.61790	83.61190	06:41 AM
9	SAR	3.75090	3.75110	3.75110	3.75090	03:41 PM
10	AED	3.67240	3.67260	3.67260	3.67240	03:41 PM
11	HKD	7.83087	7.83119	7.83119	7.83087	06:41 AM
12	CNH	7.26969	7.26985	7.26985	7.26969	06:41 AM
13	CNY	7.23780	7.23850	7.23850	7.23780	11:41 PM
14	THB	36.64500	36.67500	36.67500	36.64500	06:41 AM
15	MYR	4.78950	4.79450	4.79450	4.78950	05:01 AM
16	IDR	16,183.00000	16,197.00000	16,197.00000	16,183.00000	06:41 AM
17	SGD	1.36459	1.36469	1.36469	1.36459	06:41 AM
18	NZD	0.58816	0.58821	0.58821	0.58816	06:41 AM
19	MXN	16.82540	16.83030	16.83035	16.82535	06:41 AM
20	TRY	32.49540	32.50540	32.50540	32.49540	06:41 AM
21	SEK	10.94970	10.95120	10.95122	10.94970	06:41 AM
22	ZAR	19.05370	19.08370	19.08370	19.05370	06:41 AM
23	NOK	10.99690	10.99990	10.99987	10.99692	06:41 AM
24	DKK	7.02053	7.02131	7.02131	7.02053	06:41 AM
25	ARS	868.21700	868.22600	868.22650	868.21650	06:41 AM
26	BDT	108.46100	111.85100	111.85090	108.46063	09:00 PM
27	BHD	0.37698	0.37702	0.37702	0.37698	03:40 PM
28	BRL	5.18119	5.18872	5.18872	5.18119	06:41 AM
29	KRW	1,393.34000	1,393.93000	1,393.93000	1,393.34000	06:41 AM
30	KWD	0.30817	0.30827	0.30827	0.30817	03:41 PM
31	LKR	296.91300	303.50500	303.50517	296.91296	09:00 PM
32	OMR	0.38498	0.38503	0.38503	0.38498	11:32 AM
33	QAR	3.64650	3.64850	3.64850	3.64650	03:41 PM
34	RUB	93.30000	93.35000	93.35000	93.30000	08:00 PM
35	AFN	70.66910	72.55260	72.55262	70.66912	09:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:27 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.63000	15.63000	15.26000	08:00 PM
39	UZS	12,680.60000	12,746.50000	12,746.50142	12,680.57936	09:00 PM
40	PHP	56.94300	56.98000	56.98000	56.94300	06:40 AM
42	NGN	1,172.64000	1,173.64000	1,173.64000	1,172.64000	06:40 AM
43	KES	130.50000	132.50000	132.50000	130.50000	05:15 AM
44	AMD	370.01800	426.52400	426.52377	370.01808	09:00 PM
45	TWD	32.54580	32.57580	32.57580	32.54580	06:41 AM
46	XAU	2,370.48000	2,370.70000	2,370.70000	2,370.48000	06:40 AM
47	XAG	28.25220	28.25980	28.25980	28.25220	06:40 AM
48	XPT	964.18000	971.13900	971.13900	964.17980	03:41 PM
49	XPD	1,015.47000	1,022.34000	1,022.34420	1,015.46520	03:41 PM
2,120	VES	36.18970	36.28460	36.28456	36.18970	08:00 PM
2,212	UGX	3,775.59000	3,860.35000	3,860.35298	3,775.59285	09:00 PM
2,213	TZS	2,584.99000	2,585.01000	2,585.01500	2,584.98500	06:23 AM

Data is delayed by 20 minutes

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Name	High	Current	Low	Change	% Change	Volume	Value	Direction	DateTime
KSE100	71,092.61	70,483.661	70,405.24	-60.920	-0.086	218,710,194.0	13,374,582,189.170	0	16/04/2024 03:59 PM
ALLSHR	46,777.52	46,296.901	46,240.20	-53.140	-0.115	545,582,779.0	20,972,416,460.480	0	16/04/2024 03:59 PM
KSE30	23,398.52	23,202.557	23,173.56	11.473	0.050	100,203,269.0	10,342,518,090.820	0	16/04/2024 03:59 PM
KMI30	119,620.65	118,234.978	118,081.07	-328.264	-0.277	107,432,773.0	7,885,459,281.230	0	16/04/2024 03:59 PM
KMIALLSHR	33,171.70	32,854.462	32,821.61	-20.241	-0.062	271,727,018.0	15,438,076,579.870	0	16/04/2024 03:59 PM
BKTi	17,714.71	17,619.616	17,395.46	182.548	1.047	26,942,214.0	2,795,877,660.320	1	16/04/2024 03:29 PM
OGTi	16,884.29	16,634.785	16,610.31	48.365	0.292	19,872,902.0	2,702,375,923.880	1	16/04/2024 03:29 PM

Data is delayed by 20 minutes

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Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	62,100.0	64,085.0	61,910.0	-1,460.00
BRENT CRUDE	EB	89.9	90.8	89.7	-0.22
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-4.00
ROTTERDAM COAL MONTHLY	ET	121.3	0.0	0.0	0.60
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	85.2	86.2	84.9	-0.25
SUGAR #11 WORLD	SB	19.6	20.1	19.6	-0.45

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