Pakistan Services Ltd. declares dividend of Rs. 5 per share of 50% for1QFY18

News Image

MG News | October 26, 2017 at 11:44 AM GMT+05:00

  • Pakistan Services Ltd. Sales and Services for the period increased by 0.45%, amounting to a total of 2.49 billion Rupees during the three months ended September, 30th 2017
  • Company’s gross profit increased by 4.1% during the reported quarter
  • An increase of 125% in the finance costs led to a substantial decline in bottom-line, Profit after tax for the period decreased by 71.52% reaching 92 million against last year’s profit of 325 million rupees.
  • The company’s earnings per share reached 2.85 rupees vs 10.01 same quarter last year
  • After the approval of Board, the company recommended an interim cash dividend of Rs. 5.00 per share at the rate of 50%
Comparison of Key Financials

Unconsolidated Profit and Loss Account - For Three Months Ended, September 30th 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Sales and services - net

2,499,553

2,488,419

0.45%

Cost of sales and services

1,320,931

1,316,215

0.36%

Gross profit

1,178,622

1,132,204

4.10%

Administrative expenses

683,925

706,466

-3.19%

Finance cost

155,275

68,952

125.19%

Other income/(loss)

153,772

107,055

43.64%

Profit before taxation

185,650

463,841

-59.98%

Taxation

92,957

138,428

-32.85%

Profit for the period

92,693

325,413

-71.52%

EPS - basic and diluted

2.85

10.01

-71.53%

Company release on Earnings Report can be accessed here.

Related News

Name Price/Vol %Chg/NChg
KSE100 161,805.02
195.97M
-2.29%
-3791.05
ALLSHR 97,831.99
495.75M
-2.19%
-2185.72
KSE30 48,340.67
77.02M
-2.27%
-1124.26
KMI30 232,680.60
78.39M
-2.62%
-6271.80
KMIALLSHR 63,675.05
227.49M
-2.51%
-1639.11
BKTi 43,875.66
32.84M
-2.04%
-913.32
OGTi 33,979.39
8.60M
-3.21%
-1127.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,375.00 78,495.00
76,565.00
-1835.00
-2.32%
BRENT CRUDE 109.14 112.00
108.50
-0.12
-0.11%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-7.25
-6.18%
ROTTERDAM COAL MONTHLY 110.50 110.65
110.10
1.30
1.19%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 100.84 104.37
100.16
-0.18
-0.18%
SUGAR #11 WORLD 14.69 14.95
14.65
-0.11
-0.74%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg