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HomeEquityEarnings Report: Nihsat (Chunian) Ltd. (PSX: NCL) today reported Financial Results for...

Earnings Report: Nihsat (Chunian) Ltd. (PSX: NCL) today reported Financial Results for the Twelve months ended June 30, 2017

Nihsat (Chunian) Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Revenue for the increased period by 16 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 22.02 percent.

The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 27.50% i.e. Rs 2.75/- per share. The board issued no bonus or right shares.

Comparison of Key Financials

Unconsolidated Profit and Loss Account – For the Year Ended

Key Financials

2017

2016

% Change

 

Amounts in PKR

Revenue

29,815,994,272

25,779,121,553

15.66%

Cost of Sales

26,916,200,873

23,343,603,779

15.30%

Gross  Profit

2,899,793,399

2,455,517,774

18.09%

Dist: Cost

713,514,292

738,168,261

-3.34%

Admin: Expenses

235,449,218

168,988,341

39.33%

Other Expenses

199,858,212

96,432,497

107.25%

Other Income

112,401,854

1,190,718,912

-90.56%

Profit from Operation

2,873,373,531

2,642,647,587

8.73%

Finance Cost

1,094,723,154

1,029,629,378

6.32%

Profit before Taxation

1,778,650,377

1,613,018,209

10.27%

Taxation

157,318,525

284,243,516

-44.65%

PAT

1,621,331,852

1,328,774,693

22.02%

EPS – Basic & diluted

6.75

5.59

20.75%

Company release on Earnings Report can be accessed here.

Posted on: 2017-09-22T15:26:00+05:00
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