Security Papers Limited Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended December 31, 2016
Security Papers Limited reported unaudited earnings results for the second quarter and six months ended December 31, 2016. For the quarter, the company reported sales - net of PKR 764,513,000 against PKR 704,357,000 a year ago. Profit before taxation was PKR 381,419,000 against PKR 221,963,000 a year ago. Profit after taxation was PKR 289,707,000 or PKR 4.89 per basic and diluted share against PKR 150,138,000 or PKR 2.53 per basic and diluted share a year ago.
For the six months, the company reported sales - net of PKR 1,419,813,000 against PKR 1,361,039,000 a year ago. Profit before taxation was PKR 596,888,000 against PKR 495,073,000 a year ago. Profit after taxation was PKR 443,406,000 or PKR 7.48 per basic and diluted share against PKR 346,791,000 or PKR 5.85 per basic and diluted share a year ago.