NPL's net profits improve by 38% owing to lower cost of sales and operating expenses

Mar-19

Mar-18

% Change

Sales

                        2,661,091

                        3,903,143

-31.82%

Cost of sales

                      (1,318,013)

                      (2,859,520)

-53.91%

Gross profit

                        1,343,078

                        1,043,623

28.69%

Administrative expenses

                            (62,341)

                         (113,780)

-45.21%

Other expenses

                                       -  

                                  (384)

-100.00%

Other income

                                1,996

                                4,448

-55.13%

Finance cost

                         (250,503)

                         (187,115)

33.88%

Share of loss of associate

                                       -  

                                       -  

Profit before taxation

                        1,032,230

                            746,792

38.22%

Taxation

                                       -  

 -

Profit for the year

                        1,032,230

                            746,792

38.22%

Earnings per share - basic and diluted (Rupees)

                                2.915

                                2.109

38.22%