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HomeEquityEarnings Report: Otsuka Pakistan (PSX: OTSU) today reported Financial Results for the...

Earnings Report: Otsuka Pakistan (PSX: OTSU) today reported Financial Results for the Twelve months ended June 30, 2017

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

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.

Posted on: 2017-08-29T11:26:00+05:00
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