Linde Group announced Financial Results for the period ended June 30, 2017.
The company’s Net Sales for the period increased by 6 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 24 percent.
The board has recommended no interim Cash Dividend, any bonus or right shares.
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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Sales – Net |
2,119,979 |
1,994,392 |
6% |
Cost of Sales |
1,649,330 |
1,551,977 |
6% |
Gross Profit |
470,649 |
442,415 |
6% |
Dist. And Marketing Expenses |
124,879 |
129,294 |
-3% |
Admin: Expenses |
117,369 |
117,662 |
0% |
Other Operating Expenses |
28,797 |
13,418 |
115% |
Operating profit before Net Income |
199,604 |
182,041 |
10% |
Other Income |
10,265 |
5,259 |
95% |
Operating profit |
209,869 |
187,300 |
12% |
Finance Cost |
50,864 |
54,951 |
-7% |
Profit before Taxation |
159,005 |
132,349 |
20% |
Taxation |
36,437 |
33,299 |
9% |
PAT |
122,568 |
99,050 |
24% |
EPS – Basic and diluted |
4.90 |
3.96 |
24% |
Company release on Earnings Report can be accessed here.