Linde Pakistan Net Sales for the period increased by 11.36%, amounting to a total of 3.28 billion Rupees during the nine months ended September, 30th 2017
Company’s Gross Profit for the period increased by 12.02% to a total of 742 million
The Profit after tax for the period increased 35% reaching 198 million compared to previous year’s nine months profits of Rs. 146 million rupees.
The company’s earnings per share reached 7.91 rupees per share against 5.87 rupees same period last year
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)
3,285,321
2,950,119
11.36%
Cost of Sales
2,542,816
2,287,259
11.17%
Gross Profit
742,505
662,860
12.02%
Distribution and Administration Expenses
194,707
194,489
0.11%
Other Operating Expenses
45,474
20,643
120.29%
Operating profit before other income
320,925
271,245
18.32%
Other income
20,421
12,481
63.62%
Operating Profit
341,346
283,726
20.31%
Finance Costs
73,404
83,147
-11.72%
Profit before Taxation
267,942
200,579
33.58%
Taxation
69,781
53,640
30.09%
Profit for the period
198,161
146,939
34.86%
Eps – Basic and diluted
7.91
5.87
34.75%
Company release on Earnings Report can be accessed here.