Pakistan International Container Terminal Ltd. profit falls 1.35% to Rs. 2 billion
MG News | October 25, 2017 at 01:01 PM GMT+05:00
- PICT Net Revenue for the period remained the same at 7.12 billion against 7.13 billion during FY ‘16
- Finance Costs for the period went down substantially, a 78% decline during the reported nine months
- After the approval from Board of Directors, company approved a cash dividend of Rs. 6.25/share at the rate of 62.5%
| Unconsolidated Profit and Loss Account - For Nine Months Ended, September 30th 2017 | |||
|---|---|---|---|
| Key Financials | 2017 | 2016 | % Change |
| Amounts in PKR ‘000 | |||
| Net Revenue | 7,121,000 | 7,137,552 | -0.23% |
| Cost of Services | 3,663,973 | 3,549,361 | 3.23% |
| Gross Profit | 3,457,027 | 3,588,191 | -3.66% |
| Administrative Expenses | 302,554 | 312,423 | -3.16% |
| Other Income/(Expenses) - net | 10,623 | (7,055) |
|
| Finance Cost | 8,271 | 38,833 | -78.70% |
| Profit before Taxation | 3,156,825 | 3,229,880 | -2.26% |
| Taxation | 1,063,803 | 1,108,174 | -4.00% |
| Profit after Taxation | 2,093,022 | 2,121,706 | -1.35% |
| EPS -basic and diluted | 19.18 | 19.44 | -1.34% |
Company release on Earnings Report can be accessed here.
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