Lotte Chemical announced Financial Results for the period ended June 30, 2017.
The company’s for the period increased by percent in the outgoing year, whereas the Profit after Taxation for the Period percent.
The board did not recommend any interim Cash Dividend, no 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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|
Revenue |
19,946,784 |
17,503,742 |
13.96% |
|
Cost of Sales |
19,274,705 |
17,404,101 |
10.75% |
|
Gross Profit |
672,079 |
99,641 |
574.50% |
|
Dist: and Selling Expenses |
50,254 |
38,471 |
30.63% |
|
Admin: Expenses |
168,851 |
175,164 |
-3.60% |
|
Other Expenses |
27,893 |
434 |
6326.96% |
|
Other income |
121,623 |
120,387 |
1.03% |
|
Finance Costs |
42,464 |
13,241 |
220.70% |
|
Profit/(loss) before Taxation |
504,240 |
(7,282) |
|
|
Taxation |
150,560 |
2,244 |
6609.45% |
|
Profit/(loss) after Taxation |
353,680 |
(9,526) |
|
|
EPS – Basic & diluted |
0.23 |
(0.01) |
|
Company release on Earnings Report can be accessed here.
