Corporate Alert: TPL Properties Ltd. reports an EPS of 1.68 for the year ended June 30, 2017

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TPL Properties Ltd. announced Financial Results for the year ended June 30, 2017.

The company’s Rental Income for the period declined by 0.35% percent in the outgoing year, whereas the Profit after Taxation for the Period increased 21 percent.

The board has recommended no cash dividend, bonus shares or right shares.

Comparison of Key Financials:

Financial Results – For the Year Ended

Key Financials

June 30, 2017

June 30, 2016

% Change

Rental Income

362,784,829

364,056,604

-0.35%

Direct Operating Costs

9,908,777

12,414,128

-20%

Gross Profit

352,876,052

351,642,476

0%

Admin and General Expenses

105,812,141

53,055,880

99%

Exchange Loss – net

57,400,000

-100%

Finance Costs

176,487,486

236,618,104

-25%

Other income

304,502,327

309,667,837

-2%

Profit before taxation

375,078,752

314,236,329

19%

Taxation

23,101,194

23,566,278

-2%

Profit for the year

351,977,558

290,670,051

21%

Other Compre: Income for the year

 

Total Compre: income for the year

351,977,558

290,670,051

21%

EPS – Basic and diluted

1.68

2.12

-21%

 

The complete statements can be accessed here.

Posted on: 2017-08-15T12:39:00+05:00

Data is delayed by 20 minutes

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