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 |
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Key Financials |
Jan – June, 2017 |
Jan – Jun, 2016 |
% Change |
Amounts in PKR ‘000 |
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Continuing Operations |
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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 |
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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.