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.
