Next Capital Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Operating Revenue for the period increased by 116.26 percent in the outgoing year, whereas the company made Profits after incurring losses in the previous year.
The board has not recommended any dividend for the period, however issued 10% bonus shares for the year ended June 30, 2017.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Year Ended |
|||
Key Financials |
2017 |
2016 |
% Change |
Amounts in PKR |
|||
Operating Revenue |
353,702,249 |
163,555,175 |
116.26% |
Capital Gain on Investments |
42,632,288 |
1,311,084 |
3151.68% |
Impairment Expenses |
14,926,170 |
– |
|
Operating Expenses |
156,059,145 |
91,251,747 |
71.02% |
Admin: Expenses |
83,362,666 |
73,034,301 |
14.14% |
Finance Cost |
30,141,859 |
26,582,538 |
13.39% |
Profit/(Loss) before Taxation |
139,960,293 |
(5,702,894) |
|
Taxation |
36,999,256 |
10,443,149 |
254.29% |
Profit/(Loss) after Taxation |
102,961,037 |
(16,146,043) |
|
Earnings/(Loss) per share – Basic & diluted |
2.78 |
(0.51) |
Company release on Earnings Report can be accessed here.