Home »Company News » Pakistan » PSMC posts profit of Rs 685.426 million after tax

  • News Desk
  • Jul 26th, 2017
  • Comments Off on PSMC posts profit of Rs 685.426 million after tax
The profit after tax of Pak Suzuki Motor Company has increased to Rs 685.426 million in the quarter ended June 30, 2017 as compared to Rs 487.846 million earned in the corresponding period in 2016. According to financial results sent to Pakistan Stock Exchange on Tuesday, the company's earning per shares increased to Rs 8.33 in the period under review against Rs 5.93 in the same period last year.

During this quarter, the company's turnover increased to Rs 22.938 billion against previous week's Rs 18.995 billion while the cost of sales increased to Rs 21.017 billion against Rs 17.216 billion. The company's profit before taxation increased to Rs 1,002.485 million in this quarter against Rs 1,088.275 million in the same quarter last year. According to financial results, the company's profit after tax increased to Rs 1.992 billion translating per share earning of Rs 24.20 in the half year period ended June 30, 2017 against Rs 1.435 billion with EPS of Rs 17.44 earned in the same period last year.

Copyright Business Recorder, 2017


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