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Corporate Alert: Pakistan International Container Terminal Ltd. declares a Dividend of Rs. 7.5/- per share and reports an EPS of 12.89 for the period ended June 30, 2017

Pakistan International Container Terminal announced Financial Results for the ended June 30, 2017.

The company’s Net Revenue for the period increased by 1 percent in the outgoing year, whereas the Profit after Taxation for the Period remained same as of the reference period.

The board has recommended an interim Cash Dividend for the quarter ended June 30, 2017 at the rate of 75% i.e. Rs 7.5/- per share. This is in addition to the interim dividend already paid at Rs. 3.8/- per share i.e. 38%. The board issued no bonus or right shares.

Comparison of Key Financials:

Unconsolidated Profit and Loss Account – For the Six Months Ended

Key Financials

Jan – June, 2017

Jan – Jun, 2016

% Change

Revenue – net

4,899,879

4,848,162

1%

Cost of Services

2,497,972

2,399,286

4%

Gross Profit

2,401,907

2,448,876

-2%

Admin Expenses

194,454

203,520

-4%

Other Income

32,648

47,898

-32%

Finance Cost

8,236

29,059

-72%

Other Expenses

48,039

46,315

4%

Profit Before Taxation

2,183,826

2,217,880

-2%

Taxation

777,269

810,961

-4%

Profit after Taxation

1,406,557

1,406,919

0%

EPS – Basic and diluted

13

13

0%

Amounts in PKR ‘000

The complete statements can be accessed here.

Posted on: 2017-08-16T09:55:00+05:00
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