Karam Ceramics Limited Announces Earnings Results for the Year Ended June 30, 2018
September 25, 2018
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Karam Ceramics Limited announced earnings results for the year ended June 30, 2018. For the year, the company reported turnover - net of PKR 1,210,390,766 compared to PKR 860,670,027 a year ago, operating profit of PKR 60,197,810 compared to loss of PKR 27,209,971, profit before taxation of PKR 16,210,685 compared to loss of PKR 84,576,904 and profit after taxation of PKR 15,116,351 or PKR 1.04 per basic and diluted share compared to loss of PKR 74,471,203 or PKR 5.12 per basic and diluted share for the last year. Cash flows generated from operating activities was PKR 121,717,787 compared to PKR 73,302,990 a year ago. Addition to properly, plan and equipment was PKR 8,663,550 compared to PKR 23,754,827 a year ago.
Karam Ceramics Limited is engaged in the manufacturing of ceramic tiles. The principal focus of the Company is to carry on any or all of the business of manufacturers, agents, producers, importers, exporters, wholesalers, retailers, contractors and dealers in ceramics, tiles and others. Its products are categorized by room and by size. The residential room product category includes tiles for bedrooms, bathrooms, kitchen, exterior, lounge, dining room, drawing room, pools and spas. The commercial room category includes tiles for shopping malls, institutions, auditoriums, restaurants and healthcare. The office range of products includes tiles for executive rooms, conference rooms and admin floors. It offers various sizes of wall tiles and floor tiles, including 6x6 inch (in)/15x15 centimeter (cm), 8x8 in/20x20 cm, 8x12 in/20x30 cm, 10x10 in/25x25 cm, 10x13 in/25x33 cm, 12x12 in/30x30 cm and 10x16 in/25x40 cm.