Exide Pakistan Limited Announces Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015
January 29, 2016 at 10:10 pm IST
Exide Pakistan Limited announced earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported sales of PKR 1,923,975,000 against PKR 2,352,710,000 a year ago. Operating profit was PKR 52,437,000 against PKR 128,402,000 a year ago. Profit before tax was PKR 20,209,000 against PKR 53,319,000 a year ago. Profit after tax was PKR 19,262,000 or PKR 2.48 per share against PKR 30,331,000 or PKR 3.90 per share a year ago.
For the nine months, the company reported sales of PKR 8,890,441,000 against PKR 9,737,767,000 a year ago. Operating profit was PKR 744,638,000 against PKR 722,733,000 a year ago. Profit before tax was PKR 560,283,000 against PKR 483,497,000 a year ago. Profit after tax was PKR 370,916,000 or PKR 47.75 per share against PKR 328,871,000 or PKR 47.33 per share a year ago.