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.