Azgard Nine Limited Announces Standalone Earnings Results for the Third Quarter and Nine Months Ended March 31, 2018
Azgard Nine Limited announced standalone earnings results for the third quarter and nine months ended March 31, 2018. For the nine months, the company reported sales – net of PKR 11,136,121,565 against PKR 9,143,323,246 a year ago. Profit from operations was PKR 921,528,413 against PKR 600,917,840 a year ago. Profit before taxation was PKR 94,011,079 against loss of PKR 95,660,229 a year ago. Loss after taxation was PKR 12,141,255 or PKR 0.03 per basic and diluted share against PKR 184,946,910 or PKR 0.41 per basic and diluted share a year ago.
For the quarter, the company reported sales – net of PKR 3,685,299,911 against PKR 3,202,962,507 a year ago. Profit from operations was PKR 332,473,785 against PKR 263,736,532 a year ago. Profit before taxation was PKR 24,391,688 against PKR 30,750,150 a year ago. Loss after taxation was PKR 10,623,628 or PKR 0.02 per basic and diluted share against profit of PKR 234,614 or PKR 0.00 per basic and diluted share a year ago.