Sazgar Engineering Works Ltd. profits in 1QFY17 rise by 27% to Rs. 37 million

News Image

MG News | October 26, 2017 at 03:36 PM GMT+05:00

0:00
  • 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
Comparison of Key Financials

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.

Related News

Name Price/Vol %Chg/NChg
KSE100 138,597.36
256.32M
-0.05%
-68.14
ALLSHR 85,286.16
608.38M
-0.48%
-413.35
KSE30 42,340.81
77.13M
-0.03%
-12.33
KMI30 193,554.51
76.19M
-0.83%
-1627.52
KMIALLSHR 55,946.05
305.11M
-0.79%
-443.10
BKTi 38,197.97
16.53M
-0.59%
-225.01
OGTi 27,457.35
6.73M
-0.94%
-260.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,670.00 121,165.00
117,035.00
-1620.00
-1.36%
BRENT CRUDE 69.23 70.77
69.14
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.03 67.54
65.93
-0.20
-0.30%
SUGAR #11 WORLD 16.79 17.02
16.71
0.05
0.30%

Chart of the Day


Latest News
July 18, 2025 at 07:21 PM GMT+05:00

Pakistan strengthens UK trade links


July 18, 2025 at 05:36 PM GMT+05:00

Pakistan, China set to advance agricultural innovation


July 18, 2025 at 05:10 PM GMT+05:00

PSX Closing Bell: Riding High, Ending Low



Top 5 things to watch in this week

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