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.