Shield Corporation earns Rs 46.843 million profit after tax

24 Sep, 2016

The profit after tax of Shield Corporation Limited stood at Rs 46.843 million in the year ended June 30, 2016 as compared to Rs 47.649 million earned in the same period in previous year. The company's earning per share stood at Rs 12.01 against Rs 12.22.
The board of directors of the company in its meeting recommended a final cash dividend for the year at Rs 5.00 per share ie 50 percent. According to the financial results, the company's net sales increased to Rs 1.548 billion in FY16 against Rs 1.248 billion recorded in FY15 while cost of sales increased to Rs 1,041.712 million against Rs 870.750 million. The company's profit before taxation increased to Rs 67.691 million in FY16 against Rs 63.831 million earned in FY15.

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