Earnings Report: Attock Cement Pakistan Ltd. (PSX: ACPL) today reported Financial Results for the Twelve months ended June 30, 2017

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Attock Cement Pakistan Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Net Sales for the period increased by 6 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 5 percent.

The board has recommended a Cash Dividend for the year ended June 30, 2017 at the rate of 135% i.e. Rs 13.50/- per share. This is in addition to the interim dividend already paid at Rs. /- per share i.e. %. 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

Net Sales

14,735,172

13,918,340

5.87%

Cost of Sales

8,842,960

8,331,840

6.13%

Gross Profit

5,892,212

5,586,500

5.47%

Dist: Costs

903,531

954,746

-5.36%

Admins: Costs

419,378

401,792

4.38%

Other Expenses

333,645

314,042

6.24%

Other Income

236,632

341,095

-30.63%

Profit from Operations

4,472,290

4,257,015

5.06%

Finance Costs

28,369

21,309

33.13%

Profit before Taxation

4,443,921

4,235,706

4.92%

Taxation

1,409,864

1,345,683

4.77%

Profit after Taxation

3,034,057

2,890,023

4.98%

Total Comprehensive Income for the Year

2,932,323

2,714,195

8.04%

EPS – Basic & Diluted

26.49

25.24

4.95%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-09-11T15:57:00+05:00

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