MLCF reports 40% falloff in cumulative profits due to marginal growth in volumes

05:15
February 20, 2019
MG

February 20, 2019 (MLN): Maple Leaf Cement Factory Limited has announced a 40% falloff in half yearly profits as compare to last year, having recorded a net income of Rs.1.3 billion and EPS of Rs.2.25. the net income last year was Rs.2.2 billion while EPS was Rs.4.12.

While the market projections were inclined towards a possible decline in earnings, the announced results do not demonstrate as bad a performance as was expected. The actual decline in net gains is well below the average markets expectation of a 48% decline.

Consolidated Financial Results for the half year ended December 31st 2018 ('000 Rupees)
	Dec-18	Dec-17	% Change
Sales – net	12,249,110	12,220,840	0.23%
Cost of Sales	(8,874,126)	(8,097,460)	9.59%
Gross profit	3,374,984	4,123,380	-18.15%
Distribution cost	(389,604)	(340,642)	14.37%
Administrative expenses	(357,812)	(304,061)	17.68%
Other charges	(178,745)	(268,075)	-33.32%
	(926,161)	(912,778)	1.47%
Other income	19,978	47,711	-58.13%
Profit from operations	2,468,801	3,258,313	-24.23%
Finance cost	(720,680)	(330,487)	118.07%
Profit before taxation	1,748,121	2,927,826	-40.29%
Taxation	(413,398)	(680,138)	-39.22%
Profit after taxation	1,334,723	2,247,688	-40.62%
Basic and diluted earnings per share (Rupees)	2.25	4.12	-45.39%

Copyright Mettis Link News

Posted on: 2019-02-20T10:15:00+05:00

26201

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PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.40000	278.60000	278.60000	278.40000	03:02 PM
2	EUR	1.06967	1.06973	1.06973	1.06967	09:29 AM
3	GBP	1.24515	1.24518	1.24518	1.24515	09:29 AM
4	CHF	0.91240	0.91280	0.91280	0.91240	09:29 AM
5	JPY	154.92100	154.93100	154.93100	154.92100	09:29 AM
6	CAD	1.37080	1.37130	1.37130	1.37080	09:29 AM
7	AUD	0.65029	0.65035	0.65035	0.65029	09:29 AM
8	INR	83.33270	83.33740	83.33740	83.33270	09:29 AM
9	SAR	3.75060	3.75080	3.75080	3.75060	06:29 PM
10	AED	3.67240	3.67340	3.67340	3.67240	06:29 PM
11	HKD	7.83280	7.83290	7.83290	7.83280	09:29 AM
12	CNH	7.26752	7.26765	7.26765	7.26752	09:29 AM
13	CNY	7.24480	7.24570	7.24570	7.24480	11:52 PM
14	THB	37.04300	37.07400	37.07400	37.04300	09:29 AM
15	MYR	4.77500	4.78000	4.78000	4.77500	05:06 AM
16	IDR	16,182.00000	16,193.50000	16,193.50000	16,182.00000	09:29 AM
17	SGD	1.36085	1.36094	1.36094	1.36085	09:29 AM
18	NZD	0.59345	0.59349	0.59349	0.59345	09:29 AM
19	MXN	17.02230	17.05230	17.05230	17.02230	09:29 AM
20	TRY	32.51240	32.52240	32.52240	32.51240	09:29 AM
21	SEK	10.86640	10.86790	10.86790	10.86636	09:29 AM
22	ZAR	19.21160	19.21590	19.21590	19.21160	09:29 AM
23	NOK	10.97270	10.97510	10.97513	10.97272	09:29 AM
24	DKK	6.97119	6.97173	6.97173	6.97119	09:29 AM
25	ARS	873.24900	873.25900	873.25910	873.24910	09:28 AM
26	BDT	108.08100	111.45000	111.45007	108.08130	07:19 AM
27	BHD	0.37701	0.37705	0.37705	0.37701	06:29 PM
28	BRL	5.15120	5.15420	5.15420	5.15120	09:29 AM
29	KRW	1,373.38000	1,374.34000	1,374.34000	1,373.38000	09:29 AM
30	KWD	0.30780	0.30813	0.30813	0.30780	06:29 PM
31	LKR	295.09500	301.64500	301.64508	295.09470	07:19 AM
32	OMR	0.38499	0.38504	0.38504	0.38499	06:29 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	06:29 PM
34	RUB	93.47000	94.07000	94.07000	93.47000	08:00 PM
35	AFN	71.29620	73.16780	73.16776	71.29623	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:44 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,675.00000	12,740.50000	12,740.49259	12,674.98877	07:19 AM
40	PHP	57.62300	57.70700	57.70700	57.62300	09:29 AM
42	NGN	1,289.99000	1,290.99000	1,290.99000	1,289.99000	07:09 AM
43	KES	133.50000	135.50000	135.50000	133.50000	08:38 AM
44	AMD	362.05200	418.19900	418.19900	362.05235	07:19 AM
45	TWD	32.58600	32.58700	32.58700	32.58600	09:29 AM
46	XAU	2,320.79000	2,321.13000	2,321.13000	2,320.79000	09:28 AM
47	XAG	27.23720	27.24280	27.24280	27.23720	09:28 AM
48	XPT	906.65000	908.15000	908.15000	906.65000	06:29 PM
49	XPD	1,009.47000	1,019.47000	1,019.47000	1,009.47000	06:29 PM
2,120	VES	36.26120	36.34220	36.34216	36.26125	08:00 PM
2,212	UGX	3,771.15000	3,855.37000	3,855.36757	3,771.14838	07:19 AM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	08:24 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,414.33	72,051.892	71,467.02	692.487	0.970	324,513,222.0	15,826,554,117.260	24/04/2024 04:13 PM
ALLSHR	47,375.82	47,172.817	46,960.12	306.944	0.655	599,296,643.0	24,458,132,413.340	24/04/2024 04:13 PM
KSE30	23,944.85	23,807.818	23,586.59	240.962	1.023	111,127,951.0	11,140,196,445.780	24/04/2024 04:13 PM
KMI30	121,905.06	121,162.457	119,802.31	1,486.525	1.242	142,025,745.0	9,533,161,297.560	24/04/2024 04:13 PM
KMIALLSHR	33,729.93	33,656.520	33,366.03	337.953	1.014	426,610,117.0	19,046,525,407.830	24/04/2024 04:13 PM
BKTi	18,030.81	17,888.609	17,862.22	36.126	0.202	21,512,241.0	2,556,142,444.850	24/04/2024 04:13 PM
OGTi	17,023.12	16,956.573	16,845.36	87.498	0.519	9,136,075.0	1,278,959,401.370	24/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	66,015.0	67,120.0	65,935.0	-420.00
BRENT CRUDE	EB	88.0	88.9	87.8	-0.38
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-2.10
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	1.10
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.9	83.7	82.7	-0.51
SUGAR #11 WORLD	SB	19.6	19.7	19.5	-0.04

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