PACE Pakistan reports Q1 losses of Rs. 33.93 million

08:24
October 26, 2017
MG

PACE Pakistan sales for the period decreased by 19.46%, amounting to a total of 78 million Rupees during three months ended September, 30^th 2017
Company’s Gross Profit increased by 42.56% owing to a substantial decline of 31% in cost of sales
The company suffered losses worth 33.93 million against last year’s profit of 131 million
The company’s earnings per share – basic reached -0.12 rupees in the last three months vs 0.47 in same quarter during 2016

Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Three Months Ended, September 30^th 2017
Key Financials	2017	2016	% Change
	Amounts in PKR’ 000
Sales	78,301	97,226	-19.46%
Cost of Sales	56,072	81,633	-31.31%
Gross Profit	22,229	15,593	42.56%
Admin and Selling Expenses	27,064	32,385	-16.43%
Other Income	7,242	207,797	-96.51%
Other operating expenses	7,533	829	808.69%
Profit/(Loss) from operations	(5,126)	190,176
Finance costs	27,833	31,856	-12.63%
Profit/(Loss) before Tax	(32,959)	158,320
Taxation	979	26,914	-96.36%
Profit/(Loss) for the year	(33,938)	131,406
Total Comprehensive Income/(loss) for the year	(34,018)	131,626
basic earnings/(loss) per share	(0.12)	0.47
diluted earnings/(loss) per share	(0.12)	0.35

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-26T13:24:00+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.20000	278.40000	278.40000	278.20000	01:03 PM
2	EUR	1.06690	1.06720	1.06720	1.06690	02:41 AM
3	GBP	1.23680	1.23700	1.23700	1.23680	02:41 AM
4	CHF	0.91026	0.91075	0.91074	0.91026	02:59 AM
5	JPY	154.62000	154.63000	154.63000	154.62000	02:41 AM
6	CAD	1.37970	1.38020	1.38020	1.37970	02:41 AM
7	AUD	0.64140	0.64180	0.64180	0.64140	02:41 AM
8	INR	83.37020	83.37070	83.37070	83.37020	08:00 PM
9	SAR	3.75120	3.75140	3.75140	3.75120	12:00 PM
10	AED	3.67220	3.67320	3.67320	3.67220	01:57 AM
11	HKD	7.83140	7.83150	7.83150	7.83140	02:41 AM
12	CNH	7.23884	7.23892	7.23892	7.23884	08:00 PM
13	CNY	7.24030	7.24040	7.24040	7.24030	07:10 PM
14	THB	36.80000	36.82000	36.82000	36.80000	08:00 PM
15	MYR	4.78150	4.78650	4.78650	4.78150	08:00 PM
16	IDR	16,210.30000	16,226.20000	16,226.20000	16,210.30000	08:00 PM
17	SGD	1.36080	1.36180	1.36180	1.36080	02:41 AM
18	NZD	0.58850	0.58910	0.58910	0.58850	02:39 AM
19	MXN	17.08550	17.11550	17.11550	17.08550	02:41 AM
20	TRY	32.48060	32.49060	32.49060	32.48060	08:00 PM
21	SEK	10.89960	10.92770	10.92770	10.89960	02:41 AM
22	ZAR	18.77030	19.81930	19.81933	18.77031	02:41 AM
23	NOK	11.01490	11.02090	11.02090	11.01490	02:41 AM
24	DKK	7.00130	7.00230	7.00230	7.00130	02:39 AM
25	ARS	867.78000	867.93000	867.92990	867.77995	02:59 AM
26	BDT	107.82100	111.19400	111.19441	107.82063	01:45 AM
27	BHD	0.37700	0.37710	0.37710	0.37700	08:32 PM
28	BRL	5.20716	5.25402	5.25402	5.20716	01:45 AM
29	KRW	1,373.58000	1,375.41000	1,375.41000	1,373.58000	08:00 PM
30	KWD	0.30836	0.30846	0.30846	0.30836	01:56 AM
31	LKR	298.08400	304.64400	304.64364	298.08350	01:45 AM
32	OMR	0.38498	0.38515	0.38515	0.38498	01:57 AM
33	QAR	3.64600	3.64900	3.64900	3.64600	01:59 AM
34	RUB	93.20000	94.60000	94.60000	93.20000	08:00 PM
35	AFN	70.89640	72.77070	72.77072	70.89640	01:45 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:27 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	08:00 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	08:00 PM
39	UZS	12,636.70000	12,702.30000	12,702.31011	12,636.70868	01:45 AM
40	PHP	57.45800	57.68800	57.68800	57.45800	08:00 PM
42	NGN	1,149.00000	1,153.00000	1,153.00000	1,149.00000	08:00 PM
43	KES	129.80600	132.61800	132.61797	129.80648	01:45 AM
44	AMD	365.11900	421.34900	421.34858	365.11879	01:45 AM
45	TWD	32.53300	32.53900	32.53900	32.53300	08:00 PM
46	XAU	2,390.01000	2,391.71000	2,391.71000	2,390.01000	01:32 AM
47	XAG	28.65580	28.68580	28.68580	28.65580	01:32 AM
48	XPT	931.58700	937.31300	937.31280	931.58720	02:00 AM
49	XPD	1,026.51000	1,034.34000	1,034.33590	1,026.50920	02:00 AM
2,120	VES	36.25120	36.34210	36.34210	36.25125	08:00 PM
2,212	UGX	3,759.90000	3,844.24000	3,844.24348	3,759.89879	01:45 AM
2,213	TZS	2,532.50000	2,626.21000	2,626.21245	2,532.49613	01:45 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	70,968.98	70,909.904	70,186.93	619.785	0.882	214,724,945.0	13,651,927,649.760	19/04/2024 05:13 PM
ALLSHR	46,573.62	46,547.234	46,105.96	339.379	0.735	475,634,499.0	23,214,193,723.360	19/04/2024 05:13 PM
KSE30	23,393.38	23,376.569	23,058.97	282.759	1.224	116,554,680.0	11,831,374,214.290	19/04/2024 05:13 PM
KMI30	118,779.97	118,572.725	117,247.45	1,218.125	1.038	148,956,005.0	11,119,881,421.450	19/04/2024 05:13 PM
KMIALLSHR	33,051.27	33,022.390	32,695.54	298.524	0.912	317,804,569.0	19,951,289,708.390	19/04/2024 05:13 PM
BKTi	17,861.34	17,826.912	17,489.40	244.864	1.393	16,782,769.0	1,601,100,031.210	19/04/2024 05:13 PM
OGTi	16,766.60	16,652.098	16,435.08	192.159	1.167	13,610,174.0	1,842,349,761.040	19/04/2024 05:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,150.0	65,640.0	59,635.0	490.00
BRENT CRUDE	EB	87.4	90.8	86.2	0.28
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-6.15
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	-0.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.1	85.6	81.1	0.01
SUGAR #11 WORLD	SB	19.6	19.8	19.3	0.03

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