CNERGYICO PK LIMITED By PUCARS and Hand
28th April 2022
The Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi
Attention: The General Manager
Dear Sirs,
Re: FINANCIAL RESULTS FOR THE NINE MONTHS ENDED MARCH 31st, 2022
We are pleased to inform you that the Board of Directors of the Company in their meeting held on Thursday, 28th April 2022 at 11:30 am at the corporate office of the Company, 10th Floor, The Harbour Front, Dolmen City, HC-3, Block 4, Marine Drive, Clifton, Karachi, has approved the unaudited Financial Statements of the Company for the nine months ended March 31st, 2022.
The financial results of the Company are as follows:
Nine months period ended
Three months period ended
Mar | Mar | Mar | Mar |
2022 | 2021 | 2022 | 2021 |
-------(Rupees in '000) -------
---- ---(Rupees in '000) -------
The Harbour Front, 9'h Floor, Dolmen City, HC-3, Block 4, Marine Drive, Clifton, Karachi - 75600, Pakistan
UAN: (92 21) 111222 081 Fax (92 21) 111888 081
Revenue from contract with customers | 138,716,701 | 150,145,868 | 48,327,609 | 49,984,275 |
Sales tax, discounts & other duties | (16,872,330) | (48,818,014) | (4,438,801) | (14,310,692) |
Net revenue from contract with customers | 121,844,371 | 101,327,854 | 43,888,808 | 35,673,583 |
Cost of sales | ( 116,835,020) | (95,852,521) | (40,508,n2) | (33,468,058) |
Gross profit | 5,009,351 | 5,475,333 | 3,380,036 | 2,205,525 |
Administrative expenses | (795,400) | (746,983) | (263,994) | (262,456) |
Selling and distribution expenses | (429,110) | (397,502) | (139,736) | (112,438) |
Other expenses | (1,050,368) | (1,100,109) | (351,774) | (371,561) |
Other income | 744,429 | 810,502 | 252,936 | 297,616 |
(1,530,449) | (1,434,092) | (502,568) | (448,839) | |
Operating profit | 3,478,902 | 4,041,241 | 2,877,468 | 1,756,686 |
Finance costs | (2,240,094) | ( 1,861, 714) | (805,590) | (539,015) |
Profit before taxation | 1,238,808 | 2,179,527 | 2,071,878 | 1,217,671 |
Taxation- deferred taxation | (676,161) | {225,387) | ||
Profit after taxation | 562,647 | 2,179,527 | 1,846,491 | 1,217,671 |
Earnings per share- Rupees | ||||
-Basic | 0.11 | 0.41 | 0.35 | 0.23 |
-Diluted | 0.10 | 0.41 | 0.34 | 0 .23 |
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Cnergyico Pk Limited | ||||
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Consolidated Profit or Loss Statement
Nine months period ended
Three months period ended
Mar | Mar | Mar | Mar |
2022 | 2021 | 2022 | 2021 |
------ - (Rupees in '000) -------
-------(Rupees in '000) --- ----
Revenue from contract with customers | 138,716,701 | 150,145,868 | 48,327,609 | 49,984,275 |
Sales tax, discount & other duties | {16,872,330) | (48,818,014) | {4,438,801) | (14,310,692) |
Net revenue from contract with customers | 121,844,371 | 101,327,854 | 43,888,808 | 35,673,583 |
Cost of sales | {117,470,544) | (96,518,180) | (40,728,294) | (33,694,939) |
Gross profit | 4,373,827 | 4,809,674 | 3,160,514 | 1,978,644 |
Administrative expenses | (795,400) | (746,983) | (263,994) | (262,456) |
Selling and distribution expenses | (429,110) | (397,502) | (139,736) | (112,438) |
Other expenses | (1,050,368) | (1,100,109) | (351,n4) | (371,561) |
Other income | 744,154 | 810,252 | 252,845 | 297,533 |
(1,530,724) | (1,434, 342) | (502,659) | (448,922} | |
Operating profit | 2,843,103 | 3,375,332 | 2,657,855 | 1,529, 722 |
Finance costs | (2,240,094) | ( 1,861, 714) | {805,590) | (539,015) |
Profit before taxation | 603,009 | 1,513,618 | 1,852,265 | 990,707 |
Taxation | ||||
Current | (8,318) | (1,781) | ||
Prior | 12,119 | 12,119 | ||
Deferred | (527,597) | 148,564 | (175,8661 | 49,521 |
(535,915) | 160,683 | (177,647) | 61,640 | |
Profit after taxation | 67,094 | 1,674,301 | 1,674,618 | 1,052,347 |
Earnings per share- (Rupees) | ||||
-Basic | 0.01 | 0.31 | 0.31 | 0.20 |
-Diluted | 0.01 | 0.31 | 0.30 | 0.20 |
We will be sending you required numbe r of copies of printed accounts for distribution amongst the members of e exchange .
Copy: (1) The Secu rities & Exchange Commission of Pakistan, Islamabad.
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Cinergyco PK Ltd. published this content on 28 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 08:14:14 UTC.
