Corporate Alert: Century Paper and Board Mills Ltd. reports an EPS of 3.66 for the year ended June 30, 2017

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Century Paper and Board Mills Ltd. announced Financial Results for the year ended June 30, 2017.

The company’s Net Sales for the period increased by 15 percent in the outgoing year, whereas the Profit after Taxation for the Period increased 107 percent.

Comparison of Key Financials:

Financial Results – For the Year Ended 30 June, 2017

Key Financials

2017

2016

% Change

Sales – net

15,401,157.00

13,389,130.00

15%

Cost of Sales

13,609,628.00

12,121,851.00

12%

Gross Profit

1,791,529.00

1,267,279.00

41%

General and administrative expenses

375,135.00

379,336.00

-1%

Selling and Distribution Expenses

115,088.00

113,871.00

1%

Other Operating Charges

104,427.00

46,081.00

127%

Other Income

113,859.00

64,136.00

78%

Operating Profit

1,310,738.00

792,127.00

65%

Finance Cost

406,945.00

355,751.00

14%

Net Profit before Taxation

903,793.00

436,376.00

107%

Taxation

301,577.00

113,985.00

165%

Net Profit for the Year

602,216.00

322,391.00

87%

Earnings per share – basic and diluted (Rs.)

3.66

1.76

108%

 

Amounts in PKR ‘000

The complete statements can be accessed here.

Posted on: 2017-08-10T14:53:00+05:00

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