PANAMA PETRO CHEM LIMITED RESULTS - FOR THE SECOND QUARTER ENDED SEP'2017 - Q2-FY 2017-18

PANAMA PETRO CHEM

 LIMITED

RESULTS FOR THE

SECOND QUARTER ENDED SEP'2017

Q2-FY 2017-18

The results of PANAMA PETROCHEM Limited for the second quarter ended Sep'2017 are placed here under.

In the current quarter,   Net Sales have GONE UP by 62.49% YoY and Net Profits have gone up by 54.64 %. PE on annualised basis stands at 14.52.

Declaration : This does not constitute a Buy/Sell/Hold Recommendation.

PANAMA PETRO	Sep '17	Jun '17	Mar '17	Dec '16	Sep '16	YOY
Net Sales	314.16	276.33	220.05	237.37	193.34	62.49
EXPENDITURE
Consumption of Raw Materials	229.87	188.58	158.91	167.81	140.66	63.42
Purchase of Traded Goods	76.14	1.89	30.01	76.69	42.98	77.15
Increase/Decrease in Stocks	-32.89	45.12	-5.3	-42.14	-19.06	72.56
Employees Cost	1.59	1.58	1.8	2.16	1.59	0
Depreciation	1.33	1.31	1.19	1.26	1.21	9.92
Other Expenses	13.45	12.35	13.89	12.36	8.72	54.24
P/L Before Other Inc., Int., Excpt. Items & Tax	24.68	25.5	19.56	19.23	17.23	43.24
Other Income	0.35	0.14	1.11	0.54	0.46	-23.91
P/L Before Int., Excpt. Items & Tax	25.03	25.64	20.67	19.76	17.7	41.41
Interest	3.07	3.29	1.96	2.27	2.28	34.65
P/L Before Tax	21.95	22.36	18.71	17.5	15.41	42.44
Tax	6.95	7.81	6.13	5.92	5.71	21.72
Net Profit	15	14.54	12.58	11.58	9.7	54.64
Equity Share Capital	8.07	8.07	8.07	8.07	8.07	0
Basic EPS	3.72	3.61	3.12	2.87	2.41	54.36
Diluted EPS	3.72	3.61	3.12	2.87	2.41	54.36
MP	216
PE	14.52

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