Shell Pakistan announced Financial Results for the ended June 30, 2017.
The company’s Sales for the period remained the same as in the outgoing year, whereas the Profit after Taxation for the Period increased by 6 percent.
An interim cash dividend for the quarter and six months ended June 30, 2017 at Rs 7.00 per share (i.e. 70%).
Comparison of Key Financials:
Unconsolidated Profit and Loss Account – For the Six Months Ended |
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Key Financials |
Jan – June, 2017 |
Jan – Jun, 2016 |
% Change |
Sales |
117,370,923 |
117,435,141 |
0% |
Other Revenue |
538,643 |
492,094 |
9% |
Sales tax |
21,865,374 |
27,864,281 |
-22% |
Net Revenue |
96,044,192 |
90,062,954 |
7% |
Cost of products sold |
88,311,492 |
83,476,972 |
6% |
Gross Profit |
7,732,700 |
6,585,982 |
17% |
Dist: And Marketing Expenses |
2,669,955 |
2,298,188 |
16% |
Administrative Expenses |
1,937,171 |
1,880,874 |
3% |
Other Expenses |
369,282 |
204,753 |
80% |
Other income |
295,227 |
422,948 |
-30% |
Operating Profit |
3,051,519 |
2,625,775 |
16% |
Finance costs |
93,795 |
91,417 |
3% |
Share of profit of associate – net of tax |
362,837 |
274,178 |
32% |
Profit before taxation |
3,320,561 |
2,807,876 |
18% |
Taxation |
982,197 |
595,043 |
65% |
Profit for the period |
2,338,364 |
2,212,833 |
6% |
Other Compre: Income |
– |
– |
|
Total Compre: Income |
2,338,364 |
2,212,833 |
6% |
EPS – basic and diluted |
22 |
21 |
6% |
Amounts in PKR ‘000
The complete statements can be accessed here.