PPL’s profits soar 5% owing to rise in topline gains

12:43
October 29, 2018
MG

October 29, 2018 (MLN): Pakistan Petroleum Limited (PPL) has reported an upsurge in profits by 5.08% during the quarter ended September 30^th 2018 as a result of rise in topline earnings of about 18.61% as compared to the same period last year.

Even though, during the period except for the administrative expenses, company’s overall expenses have shown an increase, but an escalation in topline earnings by higher margin subjugated the impact of increased expenses.

According to the financial results announced, the company enjoyed a tax reduction of about 10.77% which further abetted to rise in company’s profits.

The company’s earnings per share exhibited an increase of about 5.11% from Rs6.6 per share to Rs7 per share.

Consolidated Financial Results for the Quarter Ended September 30th 2018 ('000 Rupees)
	Sep-18	Sep-17	% Change
Sales – net	38,333,728	32,318,234	18.61%
Operating expenses	(9,157,711)	(7,825,706)	17.02%
Royalties and other levies	(5,647,823)	(4,900,693)	15.25%
Gross profit	23,528,194	19,591,835	20.09%
Exploration expenses	(3,007,011)	(7,660)	39156.02%
Administrative expenses	(545,632)	(556,813)	-2.01%
Finance costs	(138,706)	(109,312)	26.89%
Other charges	(2,100,483)	(986,967)	112.82%
	17,736,362	17,931,083	-1.09%
Other income	1,416,763	1,198,807	18.18%
Profit before taxation	19,153,125	19,129,890	0.12%
Taxation	(5,343,896)	(5,988,754)	-10.77%
Profit after taxation	13,809,229	13,141,136	5.08%
Basic and diluted earnings per share (Rupees)	7.00	6.66	5.11%

Copyright Mettis Link News

Posted on: 2018-10-29T17:43:00+05:00

23961

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FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.30000	278.50000	278.50000	278.30000	03:02 PM
2	EUR	1.07064	1.07070	1.07070	1.07064	10:34 AM
3	GBP	1.24506	1.24511	1.24511	1.24506	10:34 AM
4	CHF	0.90974	0.90979	0.90979	0.90974	10:34 AM
5	JPY	154.73400	154.73900	154.73900	154.73400	10:34 AM
6	CAD	1.36581	1.36586	1.36586	1.36581	10:34 AM
7	AUD	0.64880	0.64882	0.64882	0.64880	10:34 AM
8	INR	83.27620	83.29720	83.29720	83.27620	10:34 AM
9	SAR	3.75070	3.75090	3.75090	3.75070	07:34 PM
10	AED	3.67260	3.67290	3.67290	3.67260	07:33 PM
11	HKD	7.83572	7.83595	7.83595	7.83572	10:34 AM
12	CNH	7.25669	7.25683	7.25683	7.25669	10:34 AM
13	CNY	7.24300	7.24400	7.24400	7.24300	11:17 PM
14	THB	36.90100	36.93100	36.93100	36.90100	10:34 AM
15	MYR	4.77750	4.78250	4.78250	4.77750	05:42 AM
16	IDR	16,142.30000	16,154.30000	16,154.30000	16,142.30000	10:34 AM
17	SGD	1.36007	1.36016	1.36016	1.36007	10:34 AM
18	NZD	0.59437	0.59442	0.59442	0.59437	10:34 AM
19	MXN	16.98710	16.99200	16.99205	16.98705	10:34 AM
20	TRY	32.55920	32.56920	32.56920	32.55920	10:34 AM
21	SEK	10.82860	10.82990	10.82988	10.82860	10:34 AM
22	ZAR	19.10800	19.11350	19.11350	19.10800	10:34 AM
23	NOK	10.93600	10.93890	10.93886	10.93596	10:34 AM
24	DKK	6.96695	6.96745	6.96745	6.96729	10:34 AM
25	ARS	872.63500	872.64500	872.64500	872.63500	10:34 AM
26	BDT	107.93300	111.30800	111.30797	107.93329	07:19 AM
27	BHD	0.37698	0.37703	0.37703	0.37698	07:34 PM
28	BRL	5.14660	5.14960	5.14960	5.14660	10:34 AM
29	KRW	1,371.81000	1,372.63000	1,372.63000	1,371.81000	10:34 AM
30	KWD	0.30794	0.30804	0.30804	0.30794	07:34 PM
31	LKR	296.61500	303.17700	303.17688	296.61502	07:19 AM
32	OMR	0.38498	0.38502	0.38502	0.38498	07:33 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	07:34 PM
34	RUB	93.02000	93.04000	93.04000	93.02000	08:00 PM
35	AFN	71.19560	73.07040	73.07036	71.19556	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:38 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,663.50000	12,729.10000	12,729.07937	12,663.46073	07:19 AM
40	PHP	57.39500	57.44200	57.44200	57.39500	10:34 AM
42	NGN	1,233.95000	1,234.95000	1,234.95000	1,233.95000	07:19 AM
43	KES	133.50000	135.50000	135.50000	133.50000	08:41 AM
44	AMD	390.04000	390.04000	390.04000	390.04000	07:57 AM
45	TWD	32.52460	32.55460	32.55460	32.52460	10:34 AM
46	XAU	2,321.52000	2,323.12000	2,323.12000	2,321.52000	10:34 AM
47	XAG	27.30020	27.30980	27.30980	27.30020	10:34 AM
48	XPT	913.75000	915.25000	915.25000	913.75000	07:34 PM
49	XPD	1,018.75000	1,023.75000	1,023.75000	1,018.75000	07:34 PM
2,120	VES	36.26120	36.34220	36.34216	36.26125	08:00 PM
2,212	UGX	3,769.29000	3,853.65000	3,853.65305	3,769.28701	07:19 AM
2,213	TZS	2,594.99000	2,595.01000	2,595.01500	2,594.98500	07:16 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	71,846.64	71,359.405	71,338.43	-74.056	-0.104	383,445,458.0	14,889,881,592.600	23/04/2024 04:13 PM
ALLSHR	47,130.64	46,865.873	46,836.87	-98.781	-0.210	652,962,508.0	24,431,501,771.190	23/04/2024 04:13 PM
KSE30	23,685.35	23,566.856	23,534.69	0.501	0.002	105,787,553.0	9,001,534,258.600	23/04/2024 04:13 PM
KMI30	120,645.96	119,675.932	119,552.66	77.916	0.065	170,342,506.0	8,837,506,407.860	23/04/2024 04:13 PM
KMIALLSHR	33,523.95	33,318.567	33,318.59	-47.008	-0.141	508,418,986.0	19,702,328,669.270	23/04/2024 04:13 PM
BKTi	17,962.81	17,852.482	17,760.93	-63.214	-0.353	24,348,778.0	2,523,701,350.410	23/04/2024 04:13 PM
OGTi	17,099.54	16,869.074	16,809.71	-50.514	-0.299	6,409,607.0	961,700,948.010	23/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	66,915.0	67,340.0	65,795.0	305.00
BRENT CRUDE	EB	87.1	88.2	86.0	0.10
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-3.00
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	1.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.1	83.0	80.9	0.19
SUGAR #11 WORLD	SB	19.6	19.8	19.5	0.01

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