Nimir Industries Ltd. announces Financial Results for the half year ending 31st December, 2017

MG News | February 22, 2018 at 04:10 PM GMT+05:00

0:00

Nimir Industries Ltd. announced financial results for the half year ending December 31^st, 2017. The company reported Net Sales worth Rs. 5.516 billion during the half year against Rs. 3.497 billion same period last year; up 57.75% from last year.

Nimir Industries Ltd. reported bottom-line profits worth Rs. 299.137 million with an EPS of 2.7/share.

Management approved an interim cash dividend @ 10%, declaring a cash dividend of Rupees1 per share.

Comparison of Key Financials
Unconsolidated Profit and Loss Account - For the Half Year Ended, December 31^st 2017
Key Financials	2017	2016	% Change
	Amounts in PKR ‘000
Net Sales	5,516,790	3,497,199	57.75%
Gross Profit	778,824	532,646	46.22%
Profit before Taxation	471,029	337,695	39.48%
Profit after Taxation	299,137	219,113	36.52%
EPS - Basic and diluted	2.70	1.98	36.36%

The company release on the financial results can be accessed here.

Related News

Danish Elahi raises stake in Al-Shaheer Corporation Limited

POL gas flow surges at Kohat well

Nishat Group eyes Rafhan Maize stake at Rs9,800/share

Name	Price/Vol	%Chg/NChg
KSE100	151,707.52 244.73M	-0.79% -1200.45
ALLSHR	90,950.95 421.06M	-0.91% -834.89
KSE30	45,918.57 92.97M	-0.83% -386.29
KMI30	220,125.22 87.98M	-0.85% -1889.21
KMIALLSHR	59,363.52 256.09M	-1.02% -613.27
BKTi	41,297.63 25.33M	-0.60% -248.70
OGTi	31,189.41 18.57M	-2.53% -809.48

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,180.00	69,315.00 65,710.00	-2590.00 -3.77%
BRENT CRUDE	114.57	114.88 105.09	6.56 6.07%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.30 -9.39%
ROTTERDAM COAL MONTHLY	119.75	121.40 119.75	-1.40 -1.16%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	101.18	101.24 92.08	6.70 7.09%
SUGAR #11 WORLD	15.75	15.93 15.66	-0.12 -0.76%