Pak Suzuki Motors profit rises 65% to Rs. 3 billion

  • Pak Suzuki Motors Turnover for the period increased by 28.26%, amounting to a total of 72.8 billion Rupees during the Jan – Sept, 2017
  • Company’s Finance Cost also went up by 61% during the period under review
  • The Profit after tax for the period increased 65.3% reaching 3 billion vs previous year’s profit of 1.87 billion Rupees.
  • The company’s earnings per share reached 37.63 Rupees/Share

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Turnover

72,802,282

56,759,783

28.26%

Cost of Sales

65,411,921

51,523,143

26.96%

Gross Profit

7,390,361

5,233,640

41.21%

Distribution Cost

1,970,315

1,498,648

31.47%

Administrative Expenses

1,122,011

1,142,798

-1.82%

Finance Cost

140,504

87,289

60.96%

Other Operating Income

664,029

842,947

-21.23%

Profit from Operations

4,489,203

3,116,846

44.03%

Profit before Taxation

4,474,552

3,116,846

43.56%

Taxation

1,377,616

1,243,222

10.81%

Net profit for the period

3,096,936

1,873,624

65.29%

EPS – Basic

37.63

22.77

65.26%

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-24T12:28:00+05:00