Rafhan Maize’s half yearly earnings increase by merely 0.17%

06:26
August 13, 2018
MG

Rafhan Maize Products Limited conducted their Board of Directors meeting on August 10th 2018, to discuss their financial earnings for the Half Year Ended June 30th 2018.

According to the report released by RMPL, as compared to the Half year ended June 30th 2017, the company's Net Sales increased by 7%, but since the Cost of Sales increased by a greater margin of 11%, the Gross Profits reduced by 0.9%.

Other than that, Other income increased by 18.5% and Other expenses went down by 5.8%, thus the overall profit for the six month period went up by 0.17%.

Earnings per share for the company was reported to be Rs.230.89 per share.

Financial Results for the Half Year Ended June 30th 2018 ('000 Rupees)
	Jun-18	Jun-17	% Change
Sales – net	14,270,581	13,247,856	7.72%
Cost of sales	(10,579,446)	(9,524,729)	11.07%
Gross profit	3,691,135	3,723,127	-0.86%
Distribution expenses	(355,245)	(329,337)	7.87%
Administrative expenses	(228,268)	(249,916)	-8.66%
Other income	109,798	92,695	18.45%
Other Expenses	(198,826)	(211,062)	-5.80%
	(672,541)	(697,620)	-3.59%
Operating profit	3,018,594	3,025,507	-0.23%
Finance cost	(8,143)	(8,270)	-1.54%
Profit before taxation	3,010,451	3,017,237	-0.22%
Taxation	(877,815)	(888,229)	-1.17%
Profit after taxation	2,132,636	2,129,008	0.17%
Earnings per share – basic and diluted (Rupees)	230.89	230.50	0.17%

Posted on: 2018-08-13T11:26:00+05:00

22603

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1	PKR	278.50000	278.70000	278.70000	278.50000	03:08 PM
2	EUR	1.07221	1.07224	1.07224	1.07221	12:03 AM
3	GBP	1.24983	1.24989	1.24989	1.24983	12:03 AM
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5	JPY	156.00500	156.01700	156.01700	156.00500	12:03 AM
6	CAD	1.36565	1.36572	1.36572	1.36565	12:03 AM
7	AUD	0.65220	0.65226	0.65226	0.65220	12:03 AM
8	INR	83.31670	83.32110	83.32110	83.31670	12:03 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	09:03 AM
10	AED	3.67280	3.67310	3.67310	3.67280	09:03 AM
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18	NZD	0.59551	0.59562	0.59562	0.59551	12:03 AM
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20	TRY	32.55190	32.56190	32.56190	32.55190	12:03 AM
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22	ZAR	19.03480	19.04440	19.04437	19.03484	12:03 AM
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24	DKK	6.95450	6.95550	6.95550	6.95450	12:03 AM
25	ARS	873.73300	873.74300	873.74280	873.73280	12:02 AM
26	BDT	108.04100	111.39600	111.39646	108.04059	09:00 PM
27	BHD	0.37697	0.37701	0.37701	0.37697	03:42 AM
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30	KWD	0.30781	0.30791	0.30791	0.30781	09:03 AM
31	LKR	293.66700	300.19200	300.19250	293.66718	09:00 PM
32	OMR	0.38497	0.38500	0.38500	0.38497	03:41 AM
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34	RUB	92.27000	92.29000	92.29000	92.27000	08:00 PM
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42	NGN	1,279.52000	1,280.52000	1,280.52000	1,279.52000	08:24 PM
43	KES	134.00000	136.00000	136.00000	134.00000	08:24 PM
44	AMD	361.96900	417.90000	417.89987	361.96859	09:00 PM
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46	XAU	2,334.32000	2,334.67000	2,334.67000	2,334.32000	12:02 AM
47	XAG	27.47520	27.48510	27.48510	27.47520	12:02 AM
48	XPT	921.50000	923.90000	923.90000	921.50000	09:03 AM
49	XPD	986.75000	994.75000	994.75000	986.75000	09:03 AM
2,120	VES	36.33200	36.42320	36.42315	36.33204	08:00 PM
2,212	UGX	3,766.97000	3,850.87000	3,850.86857	3,766.97165	09:00 PM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	08:24 PM

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Name	High	Current	Low	Change	% Change	Volume	Value	Direction	DateTime
KSE100	72,190.21	72,119.299	72,084.63	147.897	0.206	25,111,093.0	666,222,382.630	-1	26/04/2024 09:16 AM
ALLSHR	47,284.66	47,263.924	47,234.79	88.970	0.189	29,894,256.0	885,467,558.210	-1	26/04/2024 09:16 AM
KSE30	23,839.90	23,835.279	23,796.45	86.233	0.363	387,288.0	43,681,079.630	1	26/04/2024 09:16 AM
KMI30	121,221.17	121,188.385	121,103.42	285.428	0.236	934,063.0	45,294,382.680	1	26/04/2024 09:16 AM
KMIALLSHR	33,753.29	33,737.583	33,730.29	38.143	0.113	3,728,090.0	220,788,146.020	1	26/04/2024 09:16 AM
BKTi	18,023.02	18,001.134	17,927.90	128.775	0.721	96,779.0	14,068,496.820	1	26/04/2024 09:16 AM
OGTi	17,066.80	17,033.183	17,033.18	2.122	0.013	118,052.0	16,100,350.650	-1	26/04/2024 09:16 AM

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