GOC Limited Reports Unaudited Earnings Results for the Second Quarter and Half Year Ended December 31, 2017
February 23, 2018 at 11:07 am EST
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GOC (Pak) Limited reported unaudited earnings results for the second quarter and half year ended December 31, 2017. For the quarter, the company reported sales of PKR 47,065,516 against PKR 34,965,053 a year ago. Profit from operations was PKR 2,172,874 against loss of PKR 2,421,000 a year ago. Profit before taxation was PKR 1,689,360 against loss of PKR 2,806,245 a year ago. Profit after taxation was PKR 967,094 against loss of PKR 3,210,223 a year ago. Earnings per basic and diluted share were PKR 0.13 against loss of PKR 0.44 a year ago.
For the six months, the company reported sales of PKR 89,932,417 against PKR 72,723,476 a year ago. Profit from operations was PKR 6,177,729 against loss of PKR 1,295,135 a year ago. Profit before taxation was PKR 5,697,061 against loss of PKR 1,737,710 a year ago. Profit after taxation was PKR 4,388,074 against loss of PKR 2,895,313 a year ago. Earnings per basic and diluted share were PKR 0.60 against loss of PKR 0.39 a year ago.
GOC (Pak) Limited is a Pakistan-based company, which is engaged in the manufacturing and sale of hockey sticks, cricket balls and other quality sports goods. Its products and service lines include hockey sticks, hockey balls, cricket bats, cricket balls, composite hockey sticks, teeter boards, stumps and bails and other products. The Company serves various markets, such as Germany, Netherland, Denmark, United Kingdom, New Zealand, Argentina, Canada, Uruguay, Australia, China, Malaysia, South Africa, Pakistan, Sri Lanka and others.