Aruj Industries Limited Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended December 31, 2017
Aruj Industries Limited reported unaudited earnings results for the second quarter and six months ended December 31, 2017. For the quarter, the company reported sales-net of PKR 263,568,303 compared to PKR 282,328,767 a year ago. Operating profit was PKR 10,648,413 compared to PKR 11,556,511 a year ago. Profit before taxation was PKR 4,187,269 compared to PKR 7,035,940 a year ago. Profit after taxation was PKR 1,660,161 or PKR 1.16 per basic and diluted share compared to PKR 4,955,566 or PKR 0.47 per basic and diluted share a year ago.
For the six months, the company reported sales-net of PKR 590,334,686 compared to PKR 662,028,892 a year ago. Operating profit was PKR 35,414,246 compared to PKR 41,090,490 a year ago. Profit before taxation was PKR 20,360,853 compared to PKR 30,618,082 a year ago. Profit after taxation was PKR 12,981,670 or PKR 1.24 per basic and diluted share compared to PKR 20,991,423 or PKR 2.01 per basic and diluted share a year ago.