Security Papers Limited announced its Financial Results for the year Ended June 30, 2017.
The company’s Sales increased by 10 percent in the outgoing year, whereas the Profit for the Period increased by 49 percent in comparison to same quarter previous year.
The Board of Directors in their meeting held on 28th July 2017 have declared Cash Dividend at the rate of Rs 8/- per share i.e. 80% for the year ended 30th June 2017.
For the Year ended June 30, 2017 |
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Key Financials |
2017 |
2016 |
% Change |
Sales – net |
2,842,085 |
2,583,566 |
10% |
Cost of Sales |
1,753,679 |
1,706,946 |
3% |
Gross Profit |
1,088,406 |
876,620 |
24% |
Administrative Expenses |
197,459 |
180,286 |
10% |
Other Income |
520,700 |
300,600 |
73% |
Other Charges |
103,392 |
72,272 |
43% |
Finance Costs |
4,129 |
11,244 |
-63% |
Profit Before Taxation |
1,304,126 |
913,418 |
43% |
Taxation – Net |
366,473 |
282,547 |
30% |
Profit after Taxation |
937,473 |
630,871 |
49% |
Earnings per Share (Basic & Diluted) |
15.82 |
10.65 |
49% |
Rupees in 000’
The complete statements can be accessed here.