Pak Gulf Leasing Co. Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Total Income for the period increased by 13.54 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 16 percent.
The board has recommended a Cash Dividend for the year ended June 30, 2017 at the rate of 7.5% i.e. Rs 0.75/- per share. The board issued no bonus or right shares.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Year Months Ended |
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Key Financials |
2017 |
2016 |
% Change |
Amounts in PKR |
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Total Income |
172,211,411 |
151,671,360 |
13.54% |
Admin: & Operating Expenses |
76,481,000 |
72,289,792 |
5.80% |
Finance Cost |
30,121,776 |
28,093,726 |
7.22% |
Other Charges |
107,168 |
101,713 |
5.36% |
Profit before Taxation |
65,501,467 |
51,186,129 |
27.97% |
Taxation |
18,425,258 |
10,471,732 |
75.95% |
PAT |
47,076,209 |
40,714,397 |
15.63% |
EPS – Basic & Diluted |
1.86 |
1.60 |
16.25% |
Company release on Earnings Report can be accessed here.