KSB Pumps Company Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Sales for the period decreased by 4 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 5 percent.
The board has did not recommend any Cash Dividend any bonus or right shares.
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 |
|||
Sales |
2,458,290 |
2,555,054 |
-4% |
Cost of Sales |
1,912,257 |
2,026,236 |
-6% |
Gross Profit |
546,033 |
528,818 |
3% |
Dist: and Marketing Expenses |
165,975 |
167,730 |
-1% |
Admin: Expenses |
114,513 |
108,314 |
6% |
Other Operating Expenses |
35,197 |
22,195 |
59% |
Other operating Income |
22,319 |
29,652 |
-25% |
Profit from Operations |
252,667 |
260,231 |
-3% |
Finance costs |
10,278 |
20,269 |
-49% |
Profit before taxation |
242,389 |
239,962 |
1% |
Taxation |
67,314 |
73,712 |
-9% |
Profit for the period |
175,075 |
166,250 |
5% |
EPS – Basic and diluted |
13.26 |
21.59 |
-39% |
Company release on Earnings Report can be accessed here.