S.S. Oil Mills Ltd. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended December 31, 2018
S.S. Oil Mills Ltd. reported unaudited earnings results for the second quarter and six months ended December 31, 2018. For the quarter, the company reported sales - net of PKR 920,552,452 against PKR 859,280,003 a year ago. Operating profit was PKR 17,241,590 against PKR 39,301,728 a year ago. Net profit after taxation was PKR 1,295,500 against PKR 4,548,748 a year ago. Earnings per share was PKR 0.23 against PKR 0.80 a year ago.
For the six months, the company reported sales - net of PKR 1,529,714,675 against PKR 1,796,348,556 a year ago. Operating profit was PKR 55,912,987 against PKR 79,345,465 a year ago. Net profit after taxation was PKR 2,835,581 against PKR 14,509,600 a year ago. Earnings per share was PKR 0.50 against PKR 2.56 a year ago.