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

Pak Qatar Takaful upgraded to ‘A+’ IFS on strong underwriting, sharia governance

SSGC Board approves LPG, NGL deal with JJVL

PTCL hit by Supreme Court ruling on pension liabilities

Name	Price/Vol	%Chg/NChg
KSE100	138,597.36 256.32M	-0.05% -68.14
ALLSHR	85,286.16 608.38M	-0.48% -413.35
KSE30	42,340.81 77.13M	-0.03% -12.33
KMI30	193,554.51 76.19M	-0.83% -1627.52
KMIALLSHR	55,946.05 305.11M	-0.79% -443.10
BKTi	38,197.97 16.53M	-0.59% -225.01
OGTi	27,457.35 6.73M	-0.94% -260.91

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,670.00	121,165.00 117,035.00	-1620.00 -1.36%
BRENT CRUDE	69.23	70.77 69.14	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	2.20 2.33%
ROTTERDAM COAL MONTHLY	104.50	104.50 104.50	-0.30 -0.29%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.03	67.54 65.93	-0.20 -0.30%
SUGAR #11 WORLD	16.79	17.02 16.71	0.05 0.30%