Macter International announced Financial Results for the period ended June 30, 2017.
The company’s Turnover for the period increased by 18.45 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 86.39 percent.
The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 42.5% i.e. Rs 4.25/- per share. The board issued no bonus or right shares.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Year Ended |
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Key Financials |
2017 |
2016 |
% Change |
Amounts in PKR ‘000 |
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Turnover |
3,629,959 |
3,064,439 |
18.45% |
Cost of Sales |
1,956,580 |
1,807,274 |
8.26% |
Gross Profit |
1,673,379 |
1,257,165 |
33.11% |
Dist: Costs |
1,061,311 |
806,561 |
31.58% |
Admin: Expenses |
201,546 |
187,227 |
7.65% |
Other Expenses |
29,945 |
26,450 |
13.21% |
Other Income |
32,710 |
30,566 |
7.01% |
Operating Profit |
413,287 |
267,493 |
54.50% |
Finance Costs |
60,842 |
55,226 |
10.17% |
Profit before Taxation |
352,445 |
212,267 |
66.04% |
Taxation |
78,221 |
65,146 |
20.07% |
PAT |
274,224 |
147,121 |
86.39% |
Basic and Diluted – EPS |
7.01 |
3.76 |
86.44% |
Company release on Earnings Report can be accessed here.