- Sui Northern Gas Company Ltd. Gas Sales for the period increased by 22.92%, amounting to a total of Rs. 89.06 billion rupees during the quarter ended September, 30th 2017
- The Differential Margin for the period also witnessed a significant rise, more than 131% during the reported quarter.
- In addition to that, SNGPL’s Other Operating Income for the period increased by 59.66%
- Company reported a Profit after Tax of Rs. 1.91 billion an increase of 37.13% compared to 1.39 billion during the same quarter last year
- The company’s EPS increased by 37.10% from 3.03 to 2.21 Rupees
- SNGPL’s interim Cash Dividend for the quarter reached at Rs. 1.50 per share at the rate of 15%
Unconsolidated Profit and Loss Account – For the Quarter Ended, September 30th 2017 |
|||
---|---|---|---|
Key Financials |
2017 |
2016 |
% Change |
Amounts in PKR ‘000 |
|||
Gas Sales |
89,064,208 |
72,458,349 |
22.92% |
Add: Differential Margin |
4,614,726 |
1,993,714 |
131.46% |
Less: Cost of Sales |
89,617,277 |
70,602,072 |
26.93% |
Gross Profit |
4,061,657 |
3,849,991 |
5.50% |
Other Operating Income |
3,150,996 |
1,973,628 |
59.66% |
Selling Cost |
1,133,536 |
1,204,094 |
-5.86% |
Administration Expense |
1,369,299 |
1,139,192 |
20.20% |
Other Operating Expenses |
146,551 |
128,034 |
14.46% |
Operating Profit |
4,563,267 |
3,352,299 |
36.12% |
Finance Cost |
1,822,397 |
1,353,501 |
34.64% |
Profit before Taxation |
2,740,870 |
1,998,798 |
37.13% |
Taxation |
822,260 |
599,639 |
37.13% |
Profit for the period |
1,918,610 |
1,399,159 |
37.13% |
EPS – Basic & diluted |
3.03 |
2.21 |
37.10% |
Company release on Earnings Report can be accessed here.