Ismail Industries Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Sales for the period increased by 5.05 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 16.38 percent.
The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 27.50% i.e. Rs 2.75/- 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 |
23,014,395,587 |
20,004,048,716 |
15.05% |
|
Sales Tax |
3,409,534,324 |
2,996,077,699 |
13.80% |
|
Net Sales |
19,604,861,263 |
17,007,971,017 |
15.27% |
|
Cost of Sales |
15,883,600,917 |
13,898,515,479 |
14.28% |
|
Gross Profit |
3,721,260,346 |
3,109,455,538 |
19.68% |
|
Selling and Dist: Expenses |
1,663,043,697 |
1,367,414,895 |
21.62% |
|
Admin: Expenses |
259,776,786 |
191,999,710 |
35.30% |
|
Operating Profit |
1,798,439,863 |
1,550,040,933 |
16.03% |
|
Finance Cost |
671,242,277 |
798,382,202 |
-15.92% |
|
Profit before Tax |
1,643,222,325 |
1,292,461,963 |
27.14% |
|
Tax |
477,207,880 |
290,595,071 |
64.22% |
|
PAT |
1,166,014,445 |
1,001,866,892 |
16.38% |
|
EPS – Basic & diluted |
18.27 |
15.70 |
16.37% |
Company release on Earnings Report can be accessed here.
