Engro Powergen Qadirpur Limited announced Financial Results for the half year ended June 30, 2017.
The company’s Sales for the period increased by 30 percent in the outgoing year, whereas the Profit after Taxation for the Period increased 24 percent.
The board has recommended interim Cash Dividend for the half year ended June 30, 2017 @ Rs. 1.75 per share i.e. 17.5%, whereas it issued no bonus shares or right shares.
Comparison of Key Financials:
Financial Results – For the half Year Ended |
|||
Key Financials |
June 30, 2017 |
June 30, 2016 |
% Change |
Sales |
6,151,505 |
4,714,618 |
30% |
Cost of Sales |
4,469,508 |
3,303,705 |
35% |
Gross Profit |
1,681,997 |
1,410,913 |
19% |
Administrative Expenses |
96,465 |
85,040 |
13% |
Other Expenses |
1,875 |
1,850 |
1% |
Other Income |
110,028 |
100,087 |
10% |
Profit from Operations |
1,693,685 |
1,424,110 |
19% |
Finance Cost |
147,471 |
178,782 |
-18% |
Profit before taxation |
1,546,214 |
1,245,328 |
24% |
Taxation |
276 |
351 |
-21% |
Profit for the period |
1,545,938 |
1,244,977 |
24% |
Un-appropriated profit brought forward |
4,979,272 |
4,001,084 |
24% |
Final dividend for the year ended December 31, 2015 @RS. 1.00 per share |
– |
323,800 |
-100% |
Final dividend for the year ended December 31, 2016 @RS. 1.50 per share |
485,700 |
– |
|
Profit available for appropriation |
6,039,510 |
4,922,261 |
23% |
EPS – basic and diluted |
4.77 |
3.84 |
24% |
The complete statements can be accessed here.