Corporate Alert: Al-Ghazi Tractors Ltd. declares a DPS of 25/- per share reports an EPS of 27.50 per share for the half year ended June 30, 2017

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Al-Ghazi Tractors Ltd. announced Financial Results for the half year ended June 30, 2017.

The company’s Sales for the period increased by 50 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 62 percent.

The company issued an interim dividend for the half year ended June 30, 2017 @ Rs 25 per share i.e. 500%. This is in addition to interim dividend already paid for first quarter ended March 31, 2017.

Comparison of Key Financials:

Financial Results – For the half Year Ended

Key Financials

2017

2016

% Change

Sales

9,517,817

6,352,443

50%

CoGS

6,739,957

4,636,246

45%

Gross Profit

2,777,860

1,716,197

62%

Finance Cost

386

180

114%

Profit before Taxation

2,421,788

1,526,653

59%

Taxation

827,567

541,680

53%

Profit after Taxation

1,594,221

984,973

62%

EPS – basic and diluted

27.50

16.99

62%

 

The complete statements can be accessed here.

Posted on: 2017-08-11T10:18:00+05:00

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