Orix Leasing Pak Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Income for the period increased by 2.4% percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 10.69% percent.
The board has recommended a Cash Dividend for the year ended June 30, 2017 at the rate of 30% i.e. Rs 3/- 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 |
June, 2017 |
Jun, 2016 |
% Change |
|
Amounts in PKR |
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|
Income From Operations |
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|
Finance Lease |
2,416,994,401 |
2,324,490,107 |
3.98% |
|
Operating Lease |
474,221,025 |
534,393,758 |
-11.26% |
|
Mark-up on term finance |
543,065,105 |
506,881,416 |
7.14% |
|
Income |
3,434,280,531 |
3,365,765,281 |
2.04% |
|
Income from other activities |
596,662,526 |
704,671,198 |
-15.33% |
|
Expenses |
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|
Finance Cost |
1,585,888,181 |
1,666,424,021 |
-4.83% |
|
Admin & General Expenses |
966,310,428 |
856,539,520 |
12.82% |
|
Total Expenses |
2,954,602,619 |
2,918,343,266 |
1.24% |
|
Profit before Taxation from Continuing Operations |
1,158,009,963 |
976,668,720 |
18.57% |
|
Taxation |
316,765,918 |
216,690,359 |
46.18% |
|
PAT from Continuing Operations |
841,244,045 |
759,978,361 |
10.69% |
|
Discontinued Operations |
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|
Loss after Taxation from dis Continued Operations |
– |
(12,990,050) |
-100.00% |
|
PAT form Discontinued Operations |
841,244,045 |
746,988,311 |
12.62% |
|
EPS – Basic & diluted |
#DIV/0! |
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|
Continued Operations |
10.25 |
9.26 |
10.69% |
|
Discontinued Operations |
– |
(0.16) |
-100.00% |
Company release on Earnings Report can be accessed here.
