TPL Trakker announced Financial Results for the period ended June 30, 2017.
The company’s Net Turnover for the period decreased by 2.01 percent in the outgoing year, whereas the Profit after Taxation for the Period decreased by 9.11 percent.
The board has recommended a final Cash Dividend for the year ended June 30, 2017 at the rate of 2.5% i.e. Rs 0.25/- per share. The board issued no bonus or right shares.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Twelve Months Ended |
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Key Financials |
2017 |
2016 |
% Change |
Amounts in PKR |
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Net Turnover |
1,506,281,654 |
1,537,180,808 |
-2.01% |
Cost of Sales |
716,495,191 |
761,838,325 |
-5.95% |
Gross Profit |
789,786,463 |
775,342,483 |
1.86% |
Dist: Expenses |
239,918,365 |
231,753,991 |
3.52% |
Admin: Expenses |
368,525,475 |
326,818,274 |
12.76% |
Operating Profit |
181,342,623 |
216,770,218 |
-16.34% |
Other Expenses |
1,359,659 |
12,574,083 |
-89.19% |
Finance Costs |
149,727,603 |
123,634,898 |
21.10% |
Other Income |
49,093,003 |
44,895,502 |
9.35% |
Profit before Taxation |
79,349,003 |
125,456,739 |
-36.75% |
Taxation |
22,445,698 |
62,847,532 |
-64.29% |
PAT |
56,903,305 |
62,609,207 |
-9.11% |
Total Comprehensive Income for the Year |
42,849,008 |
146,337,100 |
-70.72% |
EPS – Basic & diluted |
0.26 |
0.29 |
-10.34% |
Company release on Earnings Report can be accessed here.