The Searle Pakistan announced financial results for the half year ending December 31st, 2017. The company reported Revenue worth Rs. 6.250 billion during the half year against Rs. 5.336 billion same period last year; up 17.12% from last year.
The Searle Pakistan reported bottom-line profits worth Rs. 1.806 billion with an EPS of Rupees 9.78/share.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Half Year Ended, December 30th 2017
Key Financials
2017
2016
% Change
Amounts in PKR ‘000
Revenue
6,250,413
5,336,756
17.12%
Cost of Sales
3,907,904
3,261,964
19.80%
Gross Profit
2,342,509
2,074,792
12.90%
Distribution Costs
1,480,705
1,233,632
20.03%
Administrative Expenses
416,671
213,299
95.35%
Other Operating Expenses
108,385
98,342
10.21%
Other Income
1,646,097
1,196,971
37.52%
Profit from Operations
1,982,845
1,726,490
14.85%
Finance Costs
78,157
826,924
-90.55%
Profit before Taxation
1,904,688
1,643,866
15.87%
Taxation
98,234
157,999
-37.83%
Profit after Taxation
1,806,454
1,485,867
21.58%
EPS – Basic and diluted
9.78
8.04
21.64%
Company release on Earnings Report can be accessed here.