Thall Limited announced Financial Results for the period ended June 30, 2017.
The company’s Net Revenue for the period increased 12.17 by percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 82 percent.
The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 320% i.e. Rs 16/- per share. This is in addition to the interim dividend already paid at Rs. 3.75/- per share i.e. 75%. The board issued no bonus or right shares.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Six Months Ended
Key Financials
2017
2016
% Change
Amounts in PKR ‘000
Net Revenue
17,124,373
15,266,439
12.17%
Cost of Sales
13,491,348
11,897,093
13.40%
Gross Profit
3,633,025
3,369,346
7.83%
Dist: Costs
185,653
249,291
-25.53%
Admin: Expenses
741,843
572,773
29.52%
Other Charges
345,370
731,906
-52.81%
Other income
3,095,347
1,167,489
165.13%
Operating Profit
5,455,506
2,982,865
82.89%
Finance Costs
8,511
3,820
122.80%
Profit before Taxation
5,446,995
2,979,045
82.84%
Taxation
1,480,711
800,227
85.04%
Profit after Taxation
3,966,284
2,178,818
82.04%
EPS – Basic and diluted
49
27
82.04%
Company release on Earnings Report can be accessed here.