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HomeEquityEarnings Report: Dawood Lawrencepur Ltd. (PSX: DLL) today reported Financial Results for...

Earnings Report: Dawood Lawrencepur Ltd. (PSX: DLL) today reported Financial Results for the Three and Six months ended June 30, 2017

Dawood Lawrencepur Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Net Revenue for the period decreased by 65 percent in the outgoing year, whereas the Profit after Taxation for the Period decreased by 79 percent.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Six Months Ended

Key Financials

Jan – June, 2017

Jan – Jun, 2016

% Change

 

Amounts in PKR ‘000

Continuing Operations

Net Revenue

51,287

144,268

-64.45%

Cost of Revenue

55,530

130,777

-57.54%

Gross Profit/(loss)

(4,243)

13,491

 

Dividend Income

312,628

507,457

-38.39%

Selling and Dist: Expenses

10,356

12,665

-18.23%

Admin: Expenses

33,853

42,188

-75.45%

Other Income

24,003

11,695

189.47%

Operating Profit/(loss)

288,179

477,790

 

Finance Costs

16,402

9,507

2931.23%

Profit before Taxation

271,777

468,283

-96.50%

Taxation

78,837

98,997

174.53%

Profit after Taxation

192,940

369,286

-78.65%

Loss from Discontinued Operations

Loss from Discontinued Operations

(11,855)

(19,096)

-37.92%

Profit for the period

181,085

350,190

-48.29%

EPS – basic and diluted (Discontinued Operation)

3.27

6.25

-47.68%

Loss Per share – basic and diluted (Discontinued Operation)

(0.20)

(0.32)

-37.50%

 

Company release on Earnings Report can be accessed here.

Posted on: 2017-08-25T16:10:00+05:00
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