Shifa International Ltd. profits fall 16% to Rs. 317.95 million

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Shifa International Hospitals today announced financial result for the half year ending December 31st, 2018. The company release revealed a rise in net revenue during the period by more than 11% to clock in at 5.144 billion.

On the other hand, the company’s operating costs grew in tandem of sales by 13.36%, at 4.702 billion. In lieu with the increase in costs the bottom line profits took a dip downward by more than 16%; standing at 317.954 million against 379.158 million during the same period last year.

The company reported an EPS of Rs. 5.83 vs. an EPS of Rs. 6.95 during half year ending December, 2016. 

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Half Year Ended, December 2017

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Net Revenue

5,144,543

4,622,758

11.29%

Other Income

35,617

74,585

-52.25%

Operating Costs

4,702,602

4,148,403

13.36%

Finance Costs

29,650

36,090

-17.84%

Profit before Taxation

447,908

512,850

-12.66%

Taxation

129,954

133,692

-2.80%

Profit after Taxation

317,954

379,158

-16.14%

EPS – Basic and diluted

5.83

6.95

-16.12%

Company release on Earnings Report can be accessed here.

Posted on: 2018-02-26T11:32:00+05:00

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