Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

Thall Ltd. profit for 1QFY17 falls by 17% to 499 million

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
  • Thall Ltd. sales increased by 15%, amounting to a total of 4 billion Rupees during the quarter ended September, 30th 2017
  • Gross Profit decreased by 6.10% to a total of 732 million owing to an increase of 20.8% in Cost of Sales
  • Company’s Administrative expenses increased by 16% during the reported period
  • Thall Ltd.’s Profit after tax fell by 17.7% to 499 million, against profit of Rs 602 million from same period last year
  • Earnings per share fell to 6.17 rupees in the last quarter vs 7.43 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` 000

Revenue (Net)

4,090,615

3,559,943

14.91%

Cost of Sales

3,358,614

2,780,421

20.80%

Gross Profit

732,001

779,522

-6.10%

Distribution Costs

55,649

61,593

-9.65%

Administrative Expenses

172,069

148,581

15.81%

Other Charges

46,393

58,780

-21.07%

Other Income

198,608

284,778

-30.26%

Operating Profit

656,498

795,346

-17.46%

Finance Costs

3,957

2,237

76.89%

Profit before Taxation

652,541

793,109

-17.72%

Taxation

152,989

190,793

-19.81%

(Loss)/Profit after Taxation

499,552

602,316

-17.06%

Basic & diluted EPS

6.17

7.43

-16.96%

Company release on Earnings Report can be accessed here.

Posted on: 2017-10-26T15:26:00+05:00