Thal Limited Reports Un-Audited Consolidated Un-Consolidated Earnings Results for the Second Quarter and Half Year Ended December 31, 2017
February 23, 2018 at 11:09 am EST
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Thal Limited reported un-audited consolidated un-consolidated earnings results for the second quarter and half year ended December 31, 2017. For the half year, on un-consolidated basis, the company reported revenue – net of PKR 8,447.6 million compared to PKR 7,598.2 million, operating profit of PKR 1,694.7 million compared to PKR 3,492.3 million, profit before taxation of PKR 1,691.3 million compared to PKR 3,424.9 million and profit after taxation of PKR 1,273.2 million or PKR 15.71 per basic and diluted share compared to PKR 2,582.5 million or PKR 31.87 per basic and diluted share for the last year.
For the quarter, on un-consolidated basis, the company reported revenue – net of PKR 4,357.0 million compared to PKR 4,038.3 million, operating profit of PKR 1,038.2 million compared to PKR 2,633.9 million, profit before taxation of PKR 1,038.8 million compared to PKR 2,631.7 million and profit after taxation of PKR 773.6 million or PKR 9.55 per basic and diluted share compared to PKR 1,980.2 million or PKR 24.44 per basic and diluted share for the last year.
For the half year, on consolidated basis, the company reported revenue – net of PKR 8,954.1 million compared to PKR 8,096.7 million, operating profit of PKR 1,905.1 million compared to PKR 4,135.3 million, profit before taxation of PKR 2,306.6 million compared to PKR 4,514.7 million and profit attributable to equity holders of the holding company of PKR 1,493.2 million or PKR 18.43 per basic and diluted share compared to PKR 3,267.1 million or PKR 40.32 per basic and diluted share for the last year.
For the quarter, on consolidated basis, the company reported revenue – net of PKR 4,612.4 million compared to PKR 3,303.3 million, operating profit of PKR 981.9 million compared to PKR 3,244.4 million, profit before taxation of PKR 1,221.0 million compared to PKR 3,488.5 million and profit attributable to equity holders of the holding company of PKR 757.98 million or PKR 9.35 per basic and diluted share compared to PKR 2,566.0 million or PKR 31.67 per basic and diluted share for the last year.
Thal Limited is a Pakistan-based company. The Company is engaged in the manufacture of jute goods, engineering goods, packaging, and laminate sheets. The jute operations are located at Muzaffargarh, Punjab, engineering operations at Karachi, Sindh, packaging operations at Hub, Balochistan and Gadoon, Khyber Pakhtunkhwa and laminate operations at Hub, Balochistan. The Company operates through two segments: the engineering segment and the packaging, building material & allied products segment. The Companyâs engineering segment comprises the Thermal & Engine Components Division, and Electric Systems Division. These divisions are primarily focused on the manufacturing of parts for the automotive industry. The Companyâs packaging, building material & allied products segment comprises: Jute Division, Packaging Division, and Laminates Division. The Laminates division operates under the brand name Formite in the engineered surface industry offering technical laminates and laminated boards.
THAL LIMITED 
