- Sui Northern Gas Company Ltd. Gas Sales for the period increased by 22.92%, amounting to a total of Rs. 89.06 billion rupees during the quarter ended September, 30th 2017
- The Differential Margin for the period also witnessed a significant rise, more than 131% during the reported quarter.
- In addition to that, SNGPL’s Other Operating Income for the period increased by 59.66%
- Company reported a Profit after Tax of Rs. 1.91 billion an increase of 37.13% compared to 1.39 billion during the same quarter last year
- The company’s EPS increased by 37.10% from 3.03 to 2.21 Rupees
- SNGPL’s interim Cash Dividend for the quarter reached at Rs. 1.50 per share at the rate of 15%
Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017 | |||
|---|---|---|---|
Key Financials | 2017 | 2016 | % Change |
Amounts in PKR ‘000 | |||
Gas Sales | 89,064,208 | 72,458,349 | 22.92% |
Add: Differential Margin | 4,614,726 | 1,993,714 | 131.46% |
Less: Cost of Sales | 89,617,277 | 70,602,072 | 26.93% |
Gross Profit | 4,061,657 | 3,849,991 | 5.50% |
Other Operating Income | 3,150,996 | 1,973,628 | 59.66% |
Selling Cost | 1,133,536 | 1,204,094 | -5.86% |
Administration Expense | 1,369,299 | 1,139,192 | 20.20% |
Other Operating Expenses | 146,551 | 128,034 | 14.46% |
Operating Profit | 4,563,267 | 3,352,299 | 36.12% |
Finance Cost | 1,822,397 | 1,353,501 | 34.64% |
Profit before Taxation | 2,740,870 | 1,998,798 | 37.13% |
Taxation | 822,260 | 599,639 | 37.13% |
Profit for the period | 1,918,610 | 1,399,159 | 37.13% |
EPS – Basic & diluted | 3.03 | 2.21 | 37.10% |
Company release on Earnings Report can be accessed here.
