Rafhan Maize Products Co. Ltd. announced Financial Results for the half year and quarter ended June 30, 2017.
The company’s Net Sales for the period increased by 2 percent in the outgoing year, whereas the Profit after Taxation for the Period increased 5 percent.
The board recommended an interim Cash Dividend for the half year and quarter ended June 30, 2017 at Rs. 75/- per share i.e.75%. This dividend is in addition to first interim dividend already paid @ Rs100/- per share i.e. 100%.
Comparison of Key Financials:
|
Financial Results – For the half Year Ended |
|||
|
Key Financials |
June 30, 2017 |
June 30, 2016 |
% Change |
|
Sales – Net |
13,122,477 |
12,880,815 |
2% |
|
Cost of Sales |
9,524,729 |
9,484,373 |
0% |
|
Gross Profit |
3,597,748 |
3,396,442 |
6% |
|
Operating Expenses |
453,874 |
366,554 |
24% |
|
Other Income |
92,695 |
87,976 |
5% |
|
Other Expenses |
211,062 |
210,587 |
0% |
|
Operating Profit |
3,025,507 |
2,907,277 |
4% |
|
Finance Cost |
8,270 |
7,794 |
6% |
|
Profit before Taxation |
3,017,237 |
2,899,483 |
4% |
|
Taxation |
888,229 |
879,094 |
1% |
|
Profit after Taxation |
2,129,008 |
2,020,389 |
5% |
|
EPS – Basic and diluted (Rs) |
230.5 |
218.74 |
5% |
Rupees in Thousands
The complete statements can be accessed here.
