- Sazgar Engineering Works Ltd. net sales increased by 16.46%, amounting to a total of 921 million Rupees during the first quarter ended September, 30th 2017
- Gross Profit increased by more than 21% to a total of 101 million
- Company’s Distribution costs for the period increased by 27.2%, taking a total of 25 million from bottom line
- Sazgar Engineering Works Ltd.’s Profit after tax rose by 27.6% to 37 million, against profit of Rs 29.4 million from same period last year
- Earnings per share for the period was 2.09 rupees in the quarter vs 1.64 rupees in same period during 2016
Unconsolidated Profit and Loss Account – For the Three Months Ended, September 30th 2017 |
|||
---|---|---|---|
Key Financials |
2017 |
2016 |
% Change |
Amounts in PKR |
|||
Sales – Net |
921,959,171 |
791,656,748 |
16.46% |
Cost of Sales |
820,714,290 |
708,569,976 |
15.83% |
Gross Profit |
101,244,881 |
83,086,772 |
21.85% |
Distribution Cost |
25,091,089 |
19,722,101 |
27.22% |
Administrative Expenses |
18,158,761 |
15,526,237 |
16.96% |
Other Operating Expenses |
3,941,622 |
3,363,058 |
17.20% |
Other Income |
503,911 |
473,434 |
6.44% |
Operating Profit before Finance Cost |
54,557,320 |
44,948,810 |
21.38% |
Finance Cost |
1,967,878 |
335,496 |
486.56% |
Profit before Taxation |
52,859,442 |
44,613,314 |
18.48% |
Taxation |
15,249,031 |
15,138,061 |
0.73% |
Profit after Taxation |
37,610,411 |
29,475,253 |
27.60% |
Eps – Basic and diluted |
2.09 |
1.64 |
27.44% |
Company release on Earnings Report can be accessed here.