Netsol Technologies Ltd. announced financial results for the half year ending December 31st, 2017. The company reported Net Revenue worth Rs. 1.955 billion during the half year against Rs. 2.146 billion same period last year; down 8.87% from last year.
Baluchistan Wheels Ltd. reported bottom-line profits worth Rs. 608.268 million with a diluted EPS of 6.77/share.
Unconsolidated Profit and Loss Account – For the Half Year Ended, December 31st 2017 | |||
|---|---|---|---|
Key Financials | 2017 | 2016 | % Change |
Amounts in PKR ‘000 | |||
Net Revenue | 1,955,704 | 2,146,062 | -8.87% |
Cost of Revenue | 1,107,893 | 1,322,053 | -16.20% |
Gross Profit | 847,811 | 824,009 | 2.89% |
Operating Profit | 642,861 | 296,334 | 116.94% |
Profit before Taxation | 619,743 | 285,484 | 117.09% |
Profit after Taxation | 608,268 | 267,393 | 127.48% |
EPS – Basic | 6.78 | 3.00 | 126.00% |
EPS – Diluted | 6.77 | 2.97 | 127.95% |
The company release on the financial results can be accessed here.
