GoodLuck Industries Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Sales for the period decreased by 9.71 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 136 percent.
The board has recommended a Cash Dividend for the year ended June 30, 2017 at the rate of 33.60% i.e. Rs 3.36/- per share. 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 |
|||
|
Sales |
786,490,279 |
871,085,337 |
-9.71% |
|
Cost of Sales |
773,331,805 |
856,285,427 |
-9.69% |
|
Gross Profit |
13,158,474 |
14,799,910 |
-11.09% |
|
Admin: Expenses |
10,196,929 |
10,226,204 |
-0.29% |
|
Selling Expenses |
120,273 |
83,029 |
44.86% |
|
Other operating expenses |
290,663 |
419,250 |
-30.67% |
|
Operating Profit |
2,550,609 |
4,071,427 |
-37.35% |
|
Financial Charges |
3,554 |
14,951 |
-76.23% |
|
Profit before Taxation |
2,547,055 |
4,056,476 |
-37.21% |
|
Taxation |
31,733 |
2,993,837 |
-98.94% |
|
PAT |
2,515,323 |
1,062,638 |
136.71% |
|
EPS – Basic |
8.38 |
3.54 |
136.72% |
Company release on Earnings Report can be accessed here.
