Otsuka Pakistan announced Financial Results for the period ended June 30, 2017.
The company’s Net Sales for the period increased by 18 percent in the outgoing year, whereas the company suffered losses during the aforementioned period.
The board did not recommend any interim Cash Dividend, bonus or right shares.
Comparison of Key Financials
|
Unconsolidated Profit and Loss Account – For the Twelve Months Ended |
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|
Key Financials |
2017 |
2016 |
% Change |
|
Amounts in PKR |
|||
|
Net Sales |
1,829,624 |
1,550,709 |
17.99% |
|
Cost of Sales |
1,329,751 |
1,282,074 |
3.72% |
|
Gross Profit |
499,873 |
268,635 |
86.08% |
|
Selling & Dist: Expenses |
205,753 |
182,898 |
12.50% |
|
Admin: & General Expenses |
84,562 |
74,109 |
14.10% |
|
Other income |
78,804 |
41,165 |
91.43% |
|
Other expenses |
46,153 |
141,287 |
-67.33% |
|
Operating Profit/ (loss) |
242,209 |
(88,494) |
|
|
Finance Cost |
46,035 |
64,983 |
-29.16% |
|
Profit/(loss) for the year before taxation |
(196,174) |
(153,477) |
|
|
Taxation – net |
86,423 |
41,300 |
109.26% |
|
Profit/(loss) for the year after taxation |
(109,751) |
(112,177) |
|
|
Earnings/(loss) per share |
9.98 |
(10.20) |
|
Company release on Earnings Report can be accessed here.
