Friday, December 9, 2022
HomeEquityEarnings Report: Nishat Power Ltd. (PSX: NPL) today reported Financial Results for...

Earnings Report: Nishat Power Ltd. (PSX: NPL) today reported Financial Results for the Twelve months ended June 30, 2017

Nishat Power Ltd. announced Financial Results for the period ended June 30, 2017.

The company’s Sales for the period increased by 8.24 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 1.24 percent.

The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 20% i.e. Rs 2/- per share. This is in addition to the interim dividend already paid at the rate of 20% i.e. Rs2.00/-. 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 ‘000

Sales

15,041,692

13,896,036

8.24%

Cost of Sales

11,175,473

10,008,691

11.66%

Gross Profit

3,866,219

3,887,345

-0.54%

Admin: Expenses

253,805

201,723

25.82%

Other Expenses

2,628

1,348

94.96%

Other Income

23,034

33,755

-31.76%

Finance Cost

749,052

866,561

-13.56%

Profit before Taxation

2,883,715

2,851,065

1.15%

Taxation

2,714

 

Profit for the Year

2,886,429

2,851,065

1.24%

EPS – Basic & diluted

8.15

8.05

1.24%

Company release on Earnings Report can be accessed here.

Posted on: 2017-09-21T15:34:00+05:00
RELATED ARTICLES
- Advertisment -

Most Popular