PAT of Pak Suzuki Motor Company increases to Rs 3.096 billion

The profit after tax (PAT) of Pak Suzuki Motor Company has increased to Rs 3.096 billion in the nine-month period ended September 30, 2017 as compared to Rs 1.873 billion earned in the corresponding period in 2016. The board of directors of the company in its meeting declared that the company's earning per share increased to Rs 37.63 in the period under review against Rs 22.77 in the same period last year.
According to the financial results, the company's turnover increased to Rs 72.802 billion in this period against Rs 56.759 billion in the same period last year while the cost of sales increased to Rs 65.411 billioon against Rs 51.526 billion. The company's profit before taxation stood at Rs 4.474 billion in this period against Rs 3.116 billion in the same period last year.
On quarterly basis, the company's profit after tax increased to Rs 1,104.887 million translating into earning per share of Rs 13.43 in the three month period ended September 30, 2017 as compared to PAT of Rs 438.135 million with EPS of Rs 74.88 in the same period in 2016.