Nishat Chunian Power Ltd.’s profits observe a slight jump

10:18
October 29, 2018
MG

October 29, 2018 (MLN): Nishat Chunian Power Limited (NCPL)’s profits during the quarter ended September 30^th 2018 have slightly increased by 0.17% as a result of decline in administrative and other operating expenses as compared to the same period prior year.

According to the financial results announced, administrative and other operating expenses dropped down by 0.85% and 62.18% respectively. However company’s other income declined by 8.8%, but the impact is not significant enough to affect the company’s profitability.

Moreover, the company successfully sustained its earning per share i.e. Rs2.44 per share.

Profit and Loss Statement for the Quarter Ended September 30th 2018 ('000 Rupees)
	Sep-18	Sep-17	% Change
Sales	5,161,137	4,687,505	10.10%
Cost of Sales	(3,944,814)	(3,487,203)	13.12%
Gross Profit	1,216,323	1,200,302	1.33%
Administrative expenses	(37,693)	(38,015)	-0.85%
Other operating expenses	(1,907)	(5,042)	-62.18%
Other income	7,538	8,267	-8.82%
Finance cost	(286,852)	(269,634)	6.39%
Profit before taxation	897,409	895,879	0.17%
Taxation	–	–
Profit for the year	897,409	895,879	0.17%
Earnings per share – basic and diluted (Rupees)	2.44	2.44	0.00%

Copyright Mettis Link News

Posted on: 2018-10-29T15:18:00+05:00

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43	KES	132.00000	134.00000	134.00000	132.00000	03:36 PM
44	AMD	394.07000	394.07000	394.07000	394.07000	08:07 AM
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46	XAU	2,378.06000	2,379.11000	2,379.11000	2,378.06000	05:56 PM
47	XAG	28.21830	28.22770	28.22770	28.21830	05:56 PM
48	XPT	934.87400	944.44600	944.44600	934.87390	02:38 AM
49	XPD	1,029.12000	1,036.01000	1,036.00660	1,029.12330	02:39 AM
2,120	VES	36.25120	36.34220	36.34216	36.25125	03:49 PM
2,212	UGX	3,766.45000	3,850.73000	3,850.72810	3,766.44660	07:19 AM
2,213	TZS	2,582.99000	2,583.01000	2,583.01500	2,582.98500	03:48 PM

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Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
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KMI30	118,354.77	117,354.600	116,464.95	-245.338	-0.209	149,225,217.0	8,668,512,964.260	18/04/2024 04:13 PM
KMIALLSHR	32,968.78	32,723.866	32,557.70	-28.234	-0.086	281,881,154.0	20,769,541,762.000	18/04/2024 04:13 PM
BKTi	17,793.43	17,582.049	17,476.13	-169.939	-0.957	18,567,387.0	2,410,715,151.990	18/04/2024 04:13 PM
OGTi	16,667.42	16,459.940	16,334.74	-2.499	-0.015	12,106,369.0	1,792,912,599.580	18/04/2024 04:13 PM

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