Shabbir Tiles & Ceramic Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Net Turnover for the period increased by 8.85 percent in the outgoing year, whereas the company suffered losses for the period.
The board did not recommend any cash dividend, no 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 ‘000 |
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Net Turnover |
5,020,008 |
4,611,670 |
8.85% |
Cost of Sales |
4,485,107 |
4,079,325 |
9.95% |
Gross Profit |
534,307 |
532,345 |
0.37% |
Dist: Costs |
514,307 |
488,260 |
5.33% |
Admin: Expenses |
155,493 |
125,775 |
23.63% |
Other income |
38,555 |
48,491 |
-20.49% |
Operating Loss |
(96,344) |
(33,199) |
|
Finance Costs |
93,426 |
82,888 |
12.71% |
Loss before Taxation |
(189,770) |
(116,087) |
63.47% |
Taxation |
38,286 |
545 |
6924.95% |
Loss for the year |
(151,484) |
(116,632) |
|
LPS – Basic and diluted |
(0.63) |
(0.49) |
|
Company release on Earnings Report can be accessed here.