- Sazgar Engineering Works Ltd. net sales increased by 16.46%, amounting to a total of 921 million Rupees during the first quarter ended September, 30th 2017
- Gross Profit increased by more than 21% to a total of 101 million
- Company’s Distribution costs for the period increased by 27.2%, taking a total of 25 million from bottom line
- Sazgar Engineering Works Ltd.’s Profit after tax rose by 27.6% to 37 million, against profit of Rs 29.4 million from same period last year
- Earnings per share for the period was 2.09 rupees in the quarter vs 1.64 rupees in same period during 2016
Unconsolidated Profit and Loss Account – For the Three Months Ended, September 30th 2017 | |||
|---|---|---|---|
Key Financials | 2017 | 2016 | % Change |
Amounts in PKR | |||
Sales – Net | 921,959,171 | 791,656,748 | 16.46% |
Cost of Sales | 820,714,290 | 708,569,976 | 15.83% |
Gross Profit | 101,244,881 | 83,086,772 | 21.85% |
Distribution Cost | 25,091,089 | 19,722,101 | 27.22% |
Administrative Expenses | 18,158,761 | 15,526,237 | 16.96% |
Other Operating Expenses | 3,941,622 | 3,363,058 | 17.20% |
Other Income | 503,911 | 473,434 | 6.44% |
Operating Profit before Finance Cost | 54,557,320 | 44,948,810 | 21.38% |
Finance Cost | 1,967,878 | 335,496 | 486.56% |
Profit before Taxation | 52,859,442 | 44,613,314 | 18.48% |
Taxation | 15,249,031 | 15,138,061 | 0.73% |
Profit after Taxation | 37,610,411 | 29,475,253 | 27.60% |
Eps – Basic and diluted | 2.09 | 1.64 | 27.44% |
Company release on Earnings Report can be accessed here.
Posted on: 2017-10-26T15:36:00+05:00
