National Refinery Ltd. Net Sales for the period increased by 16%, amounting to a total of 29.92 billion Rupees during the Quarter ended September, 30th 2017
Company’s Gross Profit for the period decreased by 4.24%
The Profit after tax for the period decreased 11% reaching 1.7 billion compared to same year last year’s profit of 1.9 billion Rupees.
The company reported earnings per share of 21.26 Rupees
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017
Key Financials
2017
2016
% Change
Amounts in PKR ‘000
Gross Sales
41,693,122
36,531,483
14.13%
Net Sales
29,928,414
25,736,398
16.29%
Cost of Sales
27,784,080
23,497,173
18.24%
Gross Profit
2,144,334
2,239,225
-4.24%
Distribution Cost
191,365
162,020
18.11%
Administrative Expenses
209,956
192,660
8.98%
Other Income
131,811
227,703
-42.11%
Operating Profit
1,745,318
1,968,099
-11.32%
Finance Cost
31,777
45,900
-30.77%
Profit before Taxation
1,713,541
1,922,199
-10.86%
Taxation
13,224
16,868
-21.60%
PAT
1,700,317
1,905,331
-10.76%
EPS – Basic & diluted
21.26
23.83
-10.78%
Company release on Earnings Report can be accessed here.