Al Shaheer Corp: announced Financial Results for the period ended June 30, 2017.
The company reported a decrease of 7.24% in Turnover for the period ended June, 30 2017, whereas reported suffered losses during the period under review.
The company reported an Earnings per share of Rs. -0.15 in the reported period.
The board has not recommended a final Cash Dividend for the year. The board issued no bonus or right shares.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Year Ended |
|||
Key Financials |
2017 |
2016 |
% Change |
Amounts in PKR ‘000 |
|||
Turnover |
6,396,462 |
6,895,580 |
-7.24% |
Cost of Sales |
4,869,940 |
5,067,517 |
-3.90% |
Gross Profit |
1,526,702 |
1,828,063 |
-16.49% |
Admin: & Dist: Costs |
1,472,257 |
1,475,848 |
-0.24% |
Other Expenses |
– |
26,047 |
|
Other Income |
18,492 |
69,638 |
-73.45% |
Operating Profit |
72,937 |
395,806 |
-81.57% |
Finance Costs |
81,204 |
53,867 |
50.75% |
(Loss)/Profit before Taxation |
(8,267) |
341,939 |
|
Taxation |
12,535 |
22,638 |
-44.63% |
Net (Loss)/Profit after Taxation |
(20,802) |
364,577 |
|
(Loss)/Earnings per share – Basic & diluted |
(0.15) |
2.57 |
|
Company release on Earnings Report can be accessed here.