EFG Hermes Pak Ltd. announced Financial Results for the year ended June 30, 2017.
The company’s Operating Revenues for the period increased by 56 percent in the outgoing year.
The company issued no cash dividend, bonus or right shares.
Comparison of Key Financials:
|
Financial Results – For the Year Ended |
|||
|
Key Financials |
2017 |
2016 |
% Change |
|
Operating Revenues |
125,321,575 |
80,117,093 |
56% |
|
Gain on sale of investments – net |
56,071,180 |
2,618,208 |
2042% |
|
Administrative and general expenses |
129,290,090 |
88,603,220 |
46% |
|
Operating Profit/(Loss) |
52,102,665 |
-5,867,919 |
 |
|
Other income – net |
1,519,101 |
1,385,632 |
10% |
|
Income on Margin Finance |
307,166 |
– |
 |
|
Financial charges |
9,469,599 |
840,120 |
1027% |
|
Gain/(Loss) on re-measurement of investments carried at fair value through profit and loss account – net |
907,705 |
-600,930 |
51% |
|
Profit/(Loss) before Taxation |
45,367,038 |
-5,923,337 |
 |
|
Taxation |
8,464,291 |
3,750,209 |
126% |
|
Profit/(Loss) after Taxation |
36,902,747 |
-9,673,546 |
 |
|
Other Comprehensive Income |
27,132,392 |
– |
 |
|
Total Comprehensive Income/(loss) for the year |
64,035,139 |
-9,673,546 |
 |
|
Earnings/(loss) per share – basic and diluted |
1.84 |
(0.48) |
 |
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The complete statements can be accessed here.
