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

Trending :

The Searle Company profits rise 26.29 percent to Rs. 2.6 Billion

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
  • Total Revenue for the period increased by 13 percent to 10.7 billion
  • Company declared Earnings per Share of Rs. 17.14 up by 25%
  • Final Cash Dividend declared for the period ended June 30, 2017 was Rs. 8/- per share at the Rate of 80%, in addition to issuing Bonus Shares of 20%

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Year Ended

Key Financials

2017

2016

% Change

 

Amounts in PKR ‘000

Revenue

10,753,751

9,561,490

12.47%

Cost of Sales

6,574,400

5,796,101

13.43%

Gross Profit

4,179,351

3,765,389

10.99%

Dist: Cost

2,644,535

2,237,612

18.19%

Admin: Expenses

682,553

471,022

44.91%

Other Operating Expenses

178,876

164,290

8.88%

Other Income

2,328,810

1,749,394

33.12%

Profit from Operations

3,001,197

2,641,859

13.60%

Finance Cost

126,264

121,564

3.87%

Profit before Taxation

2,874,933

2,520,295

14.07%

Taxation

236,188

430,907

-45.19%

PAT

2,638,745

2,089,388

26.29%

Total Compre: Income

2,638,266

2,087,406

26.39%

EPS – Basic and diluted

17.14

13.77

24.47%

The company release on Earnings can be accessed here. 

Posted on: 2017-09-29T11:13:00+05:00