Sazgar Engineering Works Ltd. announced Financial Results for the period ended June 30, 2017.
The company reported an increase of 26% in Sales for the period ended June, 30 2017, whereas reported an increase of 33% in Profit after Tax.
The company reported an Earnings per share of Rs. 7.95, up by 33% from same period last year.
The board has not recommended a final Cash Dividend for the year ended June 30, 2017. This is in addition to the interim dividend already paid at 12.5% of Rs. 1.25/-. 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 |
|||
|
Net Sales |
3,618,144,493 |
2,873,866,541 |
25.90% |
|
Cost of Sales |
3,238,663,489 |
2,585,180,116 |
25.28% |
|
Gross Profit |
379,481,004 |
288,686,425 |
31.45% |
|
Dist: Cost |
83,912,593 |
69,547,356 |
20.66% |
|
Admin: Expenses |
65,884,066 |
56,919,426 |
15.75% |
|
Other Operating Expenses |
26,703,862 |
12,766,183 |
109.18% |
|
Other Income |
2,922,832 |
7,284,005 |
-59.87% |
|
Operating Profit before Finance Cost |
205,903,315 |
156,737,465 |
31.37% |
|
Finance Cost |
1,789,570 |
2,779,669 |
-35.62% |
|
Profit before Taxation |
204,113,745 |
153,957,796 |
32.58% |
|
Taxation |
61,291,804 |
46,288,058 |
32.41% |
|
PAT |
142,821,941 |
107,669,738 |
32.65% |
|
EPS – Basic & diluted |
7.95 |
5.99 |
32.72% |
Company release on Earnings Report can be accessed here.
