Earnings Report: Linde Group (PSX: LINDE) today reported Financial Results for the Three and Six months ended June 30, 2017

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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

Key Financials

Jan – June, 2017

Jan – Jun, 2016

% Change

 

Amounts in PKR ‘000

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.

Posted on: 2017-08-22T16:18:00+05:00

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